TPTW (TPT Global Tech) Current Accrued Expense: $6.02 Mil (As of Sep. 2024)

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What is TPT Global Tech Current Accrued Expense?

TPT Global Tech TPTW -99.00% Current Accrued Expense is $6.02 Mil as of Sep. 2024.

TPT Global Tech's Current Accrued Expense for the quarter that ended in Sep. 2024 was $6.02 Mil.

TPT Global Tech's quarterly Current Accrued Expense increased from Mar. 2024 ($5.24 Mil) to Jun. 2024 ($5.58 Mil) and increased from Jun. 2024 ($5.58 Mil) to Sep. 2024 ($6.02 Mil).

TPT Global Tech's annual Current Accrued Expense declined from Dec. 2021 ($3.23 Mil) to Dec. 2022 ($3.05 Mil) but then increased from Dec. 2022 ($3.05 Mil) to Dec. 2023 ($4.92 Mil).

TPT Global Tech Current Accrued Expense Historical Data

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The historical data trend for TPT Global Tech's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TPT Global Tech Current Accrued Expense Chart

TPT Global Tech Annual Data
Trend Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 1.63 3.23 3.05 4.92

TPT Global Tech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.31 4.92 5.24 5.58 6.02

TPT Global Tech Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $6.02 Mil mean?
TPT Global Tech (TPTW) has a Current Accrued Expense of $6.02 Mil as of Sep. 2024. Current Accrued Expense records the total amount of accrued expenses. View historical data on TPT Global Tech and its competitors.
Is TPT Global Tech's Current Accrued Expense too high?
TPT Global Tech's current Current Accrued Expense is $6.02 Mil.
How does TPT Global Tech's Current Accrued Expense compare to BDRL and MLRT?
TPT Global Tech's Current Accrued Expense of $6.02 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Hardware company?
A good Current Accrued Expense depends on the Hardware industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on TPT Global Tech and its competitors. TPT Global Tech's current Current Accrued Expense is $6.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPT Global Tech stock overvalued right now?
TPT Global Tech (TPTW) has a current Current Accrued Expense of $6.02 Mil. The current Current Accrued Expense is $6.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For TPT Global Tech (TPTW), the current Current Accrued Expense is $6.02 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TPT Global Tech Business Description

Address 501 West Broadway, Suite 800, San Diego, CA, USA, 92101
TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).