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Ultrapar Participacoes (Ultrapar Participacoes) Accounts Payable & Accrued Expense : $1,624 Mil (As of Dec. 2023)


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What is Ultrapar Participacoes Accounts Payable & Accrued Expense?

Ultrapar Participacoes's quarterly accounts payable & accrued expense increased from Jun. 2023 ($1,091 Mil) to Sep. 2023 ($1,287 Mil) and increased from Sep. 2023 ($1,287 Mil) to Dec. 2023 ($1,624 Mil).

Ultrapar Participacoes's annual accounts payable & accrued expense increased from Dec. 2021 ($1,196 Mil) to Dec. 2022 ($1,660 Mil) but then declined from Dec. 2022 ($1,660 Mil) to Dec. 2023 ($1,624 Mil).


Ultrapar Participacoes Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ultrapar Participacoes's Accounts Payable & 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.

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Ultrapar Participacoes Accounts Payable & Accrued Expense Chart

Ultrapar Participacoes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 918.59 1,058.78 1,196.46 1,660.22 1,623.73

Ultrapar Participacoes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & 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 1,660.22 1,134.54 1,091.26 1,286.81 1,623.73

Ultrapar Participacoes Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Ultrapar Participacoes (Ultrapar Participacoes) Business Description

Industry
Address
Brigadeiro Luis Antonio Avenue, 1343, Sao Paulo, SP, BRA, 01317-910
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, industrial activities, through the subscription or acquisition of shares of other companies. The Company has three business segments: gas distribution, fuel distribution and storage. The gas distribution segment (Ultragaz) distributes LPG to residential, commercial, and industrial consumers, especially in the South, Southeast, and Northeast regions of Brazil. The fuel distribution segment operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants and related activities throughout all the Brazilian territory. The storage segment operates liquid bulk terminals, especially in the Southeast and Northeast regions of Brazil.