Addvantage Technologies Group Accounts Payable

Addvantage Technologies Group posts a accounts payable of $6.8M as of September 2023. That compares with $9M in the prior-year period — down 24.9% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Addvantage Technologies Group's accounts payable was $9M. The latest reading is $6.8M — a 24.9% year-over-year decrease (period ending September 2023). Use the history and growth charts on this page for a longer lookback.

Accounts Payable is one piece of Addvantage Technologies Group's financial statement story. At $6.8M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for AEY's accounts payable usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Addvantage Technologies Group's other metric pages and overview cover the third.

Judging Addvantage Technologies Group against Technology peers is usually better than using a market-wide rule of thumb. Business models inside Technology are more comparable, which makes gaps in accounts payable easier to interpret. Start with $6.8M here, then scan peer and history charts to see if the gap is persistent.