Uniti Group (LTS:0LJB) Accounts Payable & Accrued Expense : $320 Mil (As of Mar. 2024)

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What is Uniti Group Accounts Payable & Accrued Expense?

Uniti Group's quarterly accounts payable & accrued expense increased from Sep. 2023 ($371 Mil) to Dec. 2023 ($453 Mil) but then declined from Dec. 2023 ($453 Mil) to Mar. 2024 ($320 Mil).

Uniti Group's annual accounts payable & accrued expense increased from Dec. 2021 ($437 Mil) to Dec. 2022 ($495 Mil) but then declined from Dec. 2022 ($495 Mil) to Dec. 2023 ($453 Mil).

Uniti Group Accounts Payable & Accrued Expense Historical Data

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

Uniti Group Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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299.20

697.05

437.35

494.61

452.77

Uniti Group 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															464.02	499.87	370.66	452.77	319.93

Uniti Group 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.

Uniti Group (LTS:0LJB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Uniti Group Inc (LTS:0LJB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

FPI LAND OUT NLCP AFCG HASI CORR PW EPR PCH AMT EQIX CCI DLR SBAC WY IRM GLPI LAMR RYN

Traded in Other Exchanges

UNIT:USA 8XC:Germany

Address

2101 Riverfront Drive, Suite A, Little Rock, AR, USA, 72202

Website

https://www.uniti.com

Uniti is a REIT with about 135,000 route miles of fiber in the U.S., primarily in the Southeast. Uniti reports its business in two segments: leasing and fiber. Leasing currently makes up about 75% of total revenue and consists mostly of Uniti's master lease agreement with Windstream. Uniti was spun out of Windstream in 2015 with a substantial portion of Windstream's network assets, and it immediately leased the entire portfolio back for Windstream's exclusive use. Other leasing revenue stems from sale-leaseback transactions with other fiber holders. Uniti generates fiber revenue by leasing dark and lit fiber to wireless carriers and other enterprises.

Uniti Group (LTS:0LJB) Headlines

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