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UBS Group AG (CHIX:UBSGZ) Accounts Payable & Accrued Expense : CHF85,129 Mil (As of Mar. 2024)


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What is UBS Group AG Accounts Payable & Accrued Expense?

UBS Group AG's quarterly accounts payable & accrued expense declined from Sep. 2023 (CHF84,152 Mil) to Dec. 2023 (CHF83,579 Mil) but then increased from Dec. 2023 (CHF83,579 Mil) to Mar. 2024 (CHF85,129 Mil).

UBS Group AG's annual accounts payable & accrued expense increased from Dec. 2021 (CHF74,418 Mil) to Dec. 2022 (CHF80,950 Mil) and increased from Dec. 2022 (CHF80,950 Mil) to Dec. 2023 (CHF83,579 Mil).


UBS Group AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for UBS Group AG'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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UBS Group AG Accounts Payable & Accrued Expense Chart

UBS Group AG 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 72,186.71 71,637.91 74,417.72 80,949.52 83,579.46

UBS Group AG 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 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 75,528.20 86,449.21 84,152.18 83,579.46 85,128.77

UBS Group AG 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.


UBS Group AG (CHIX:UBSGZ) Business Description

Industry
Address
Bahnhofstrasse 45, Zurich, CHE, CH-8001
The core of UBS is its global wealth management business focusing on high and ultra-high-net-worth individuals. UBS is also a conventional retail and commercial bank in its Swiss home market. Its investment bank and asset management businesses support its wealth management operations, but also leverage its strength in wealth management to serve third-party clients.

UBS Group AG (CHIX:UBSGZ) Headlines

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