UL Solutions (UL Solutions) Accounts Payable & Accrued Expense : $156 Mil (As of Mar. 2024)

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What is UL Solutions Accounts Payable & Accrued Expense?

UL Solutions's quarterly accounts payable & accrued expense increased from Sep. 2023 ($128 Mil) to Dec. 2023 ($169 Mil) but then declined from Dec. 2023 ($169 Mil) to Mar. 2024 ($156 Mil).

UL Solutions's annual accounts payable & accrued expense declined from Dec. 2021 ($179 Mil) to Dec. 2022 ($153 Mil) but then increased from Dec. 2022 ($153 Mil) to Dec. 2023 ($169 Mil).

UL Solutions Accounts Payable & Accrued Expense Historical Data

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

UL Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

195.00

227.00

179.00

153.00

169.00

UL Solutions Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									128.00	125.00	128.00	169.00	156.00

UL Solutions 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.

UL Solutions (UL Solutions) Business Description

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UL Solutions (UL Solutions) Headlines

From GuruFocus

UL Solutions Announces Pricing of Upsized Initial Public Offering

By Business Wire • 04-12-2024