UPC (Universe Pharmaceuticals) Accounts Payable & Accrued Expense : $16.18 Mil (As of Mar. 2024)

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What is Universe Pharmaceuticals Accounts Payable & Accrued Expense?

Universe Pharmaceuticals's quarterly accounts payable & accrued expense declined from Mar. 2023 ($19.17 Mil) to Sep. 2023 ($8.27 Mil) but then increased from Sep. 2023 ($8.27 Mil) to Mar. 2024 ($16.18 Mil).

Universe Pharmaceuticals's annual accounts payable & accrued expense increased from Sep. 2021 ($6.88 Mil) to Sep. 2022 ($9.16 Mil) but then declined from Sep. 2022 ($9.16 Mil) to Sep. 2023 ($8.27 Mil).

Universe Pharmaceuticals Accounts Payable & Accrued Expense Historical Data

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

Universe Pharmaceuticals Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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2.93

5.36

6.88

9.16

8.27

Universe Pharmaceuticals Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							5.80	9.16	19.17	8.27	16.18

Universe Pharmaceuticals 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.

Universe Pharmaceuticals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Universe Pharmaceuticals Inc (NAS:UPC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

265 Jingjiu Avenue, Jinggangshan Economic & Technological Development Zone, Jiangxi, Ji’an, CHN, 343100

Website

http://www.universe-pharmacy.com

Universe Pharmaceuticals Inc is a pharmaceutical company specializing in the manufacturing, marketing, sales and distribution of traditional Chinese medicine derivatives products targeting the elderly with the goal of addressing their physical conditions in the ageing process and promoting their general well-being. The company also sells biomedical drugs, medical instruments, Traditional Chinese Medicine Pieces, and dietary supplements manufactured by third-party pharmaceutical companies. Its products are under two categories namely treatment and relief for common chronic health conditions in the elderly designed to achieve physical wellness and longevity (Chronic Condition Treatments), and cold and flu medications.