Universal Electronics (STU:UE1) Accounts Payable & Accrued Expense : €71.5 Mil (As of Mar. 2024)

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What is Universal Electronics Accounts Payable & Accrued Expense?

Universal Electronics's quarterly accounts payable & accrued expense increased from Sep. 2023 (€78.1 Mil) to Dec. 2023 (€82.6 Mil) but then declined from Dec. 2023 (€82.6 Mil) to Mar. 2024 (€71.5 Mil).

Universal Electronics's annual accounts payable & accrued expense declined from Dec. 2021 (€129.5 Mil) to Dec. 2022 (€106.7 Mil) and declined from Dec. 2022 (€106.7 Mil) to Dec. 2023 (€82.6 Mil).

Universal Electronics Accounts Payable & Accrued Expense Historical Data

The historical data trend for Universal Electronics'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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Universal Electronics Accounts Payable & Accrued Expense Chart

Universal Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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134.90

115.69

129.52

106.68

82.62

Universal Electronics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															81.23	77.06	78.09	82.62	71.49

Universal Electronics 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.

Universal Electronics (STU:UE1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Universal Electronics Inc (STU:UE1) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

UEIC:USA UE1:Germany

Address

15147 N. Scottsdale Road, Suite H300, Scottsdale, AZ, USA, 85254-2494

Website

https://www.uei.com

Universal Electronics Inc is a United States-based company that is principally engaged in developing and manufacturing a series of electronic products, including wireless control products, audio-video accessories, intelligent wireless automation components, and software. The company focuses on the subscription broadcast, consumer electronics and residential security markets, with customers consisting of subscription broadcasters, original equipment manufacturer, private-label brands, retailers, pro-security dealers, and companies in the computing industry. The company has a global presence and generates most of its total revenue from the United States.

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