United Microelectronics (United Microelectronics) Accounts Payable & Accrued Expense : $1,982 Mil (As of Dec. 2023)

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What is United Microelectronics Accounts Payable & Accrued Expense?

United Microelectronics's quarterly accounts payable & accrued expense declined from Jun. 2023 ($3,316 Mil) to Sep. 2023 ($1,657 Mil) but then increased from Sep. 2023 ($1,657 Mil) to Dec. 2023 ($1,982 Mil).

United Microelectronics's annual accounts payable & accrued expense increased from Dec. 2021 ($1,611 Mil) to Dec. 2022 ($2,556 Mil) but then declined from Dec. 2022 ($2,556 Mil) to Dec. 2023 ($1,982 Mil).

United Microelectronics Accounts Payable & Accrued Expense Historical Data

The historical data trend for United Microelectronics'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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United Microelectronics Accounts Payable & Accrued Expense Chart

United Microelectronics Annual Data

Trend

Dec14

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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936.05

1,187.02

1,611.17

2,555.91

1,981.77

United Microelectronics 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															2,555.91	2,303.78	3,316.14	1,657.36	1,981.77

United Microelectronics 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.

United Microelectronics (United Microelectronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » United Microelectronics Corp (NYSE:UMC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

2303:Taiwan UMC:Mexico UMCB:Germany

Address

No. 3, Li-Hsin 2nd Road, Hsinchu Science Park, Hsinchu, TWN

Website

https://www.umc.com

Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2022 after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.