Upwork (Upwork) Accounts Payable & Accrued Expense : $243.0 Mil (As of Dec. 2023)

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What is Upwork Accounts Payable & Accrued Expense?

Upwork's quarterly accounts payable & accrued expense declined from Jun. 2023 ($210.9 Mil) to Sep. 2023 ($206.5 Mil) but then increased from Sep. 2023 ($206.5 Mil) to Dec. 2023 ($243.0 Mil).

Upwork's annual accounts payable & accrued expense increased from Dec. 2021 ($181.2 Mil) to Dec. 2022 ($196.7 Mil) and increased from Dec. 2022 ($196.7 Mil) to Dec. 2023 ($243.0 Mil).

Upwork Accounts Payable & Accrued Expense Historical Data

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

Upwork Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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118.71

156.43

181.18

196.74

242.97

Upwork 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															196.74	214.92	210.92	206.54	242.97

Upwork 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.

Upwork (Upwork) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Upwork Inc (NAS:UPWK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

UPWK:Mexico UP2:Germany U2PW34:Brazil

Address

475 Brannan Street, Suite 430, San Francisco, CA, USA, 94107

Website

https://www.upwork.com

Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with highly-skilled independent professionals. The develops platform for hiring and freelancing purposes. Its products offering include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The business generates revenue from Talent and Clients across the USA, India, the Philippines and the rest of the world. Substantial income is derived from providing services to Clients.

Executives

Olivier Marie	officer: Chief Accounting Officer	C/O UPWORK, INC., 475 BRANNAN STREET SUITE 430, SAN FRANCISCO CA 94107
Hayden Brown	director, officer: President & CEO	C/O UPWORK INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Gary Steele	director	C/O PROOFPOINT, INC., 892 ROSS DRIVE, SUNNYVALE CA 94089
Erica Gessert	officer: Chief Financial Officer	C/O UPWORK INC., 475 BRANNAN STREET, SUITE 430, SAN FRANCISCO CA 94107
Jeff Mccombs	officer: Chief Financial Officer	C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Eric Gilpin	officer: Senior VP, Sales	C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Leela Srinivasan	director	C/O UPWORK, INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Kevin Harvey	director	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Thomas Layton	director, other: Chairman	C/O TICKETMASTER ONLINE CITYSEARCH INC, 790 E COLORADO BLVD STE 200, PASADENA CA 91101
Elizabeth A Nelson	director	MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Anilu Vazquez-ubarri	director	C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Gregory C. Gretsch	director	C/O RESPONSYS, INC., 900 CHERRY AVENUE, 5TH FLOOR, SAN BRUNO CA 94066
Brian K Kinion	officer: Chief Financial Officer	C/O MARKETO INC., 901 MARINERS ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Stephane Kasriel	director	C/O UPWORK INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Han-shen Yuan	officer: SVP, Engineering	C/O UPWORK INC., 441 LOGUE AVENUE, MOUNTAIN VIEW CA 94043