UTSI (UTStarcom Holdings) Accounts Payable & Accrued Expense : $15.57 Mil (As of Jun. 2024)

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What is UTStarcom Holdings Accounts Payable & Accrued Expense?

UTStarcom Holdings's quarterly accounts payable & accrued expense increased from Jun. 2023 ($16.01 Mil) to Dec. 2023 ($17.92 Mil) but then declined from Dec. 2023 ($17.92 Mil) to Jun. 2024 ($15.57 Mil).

UTStarcom Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($28.90 Mil) to Dec. 2022 ($22.97 Mil) and declined from Dec. 2022 ($22.97 Mil) to Dec. 2023 ($17.92 Mil).

UTStarcom Holdings Accounts Payable & Accrued Expense Historical Data

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

UTStarcom Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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40.72

32.47

28.90

22.97

17.92

UTStarcom Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															24.25	22.97	16.01	17.92	15.57

UTStarcom Holdings 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.

UTStarcom Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » UTStarcom Holdings Corp (NAS:UTSI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

UTSI:Mexico UT5:Germany

Address

368 Liuhe Road, 4th Floor, South Wing, Binjiang District, Hangzhou, CHN, 310052

Website

https://www.utstar.com

UTStarcom Holdings Corp operates as a telecom infrastructure provider. It develops technology for bandwidth from cloud-based services, mobile, streaming, and other applications. The range of solutions is designed to expand and modernize telecommunications networks through smooth network system integration, lower operating costs, and increased broadband access. The business activity of the firm is operated through the Equipment and Service segment. The Equipment segment is focused on equipment sales, including network infrastructure and application products, and the Service segment is engaged in providing services and support of equipment products and also the new operational support. The company operates in China, India, Japan, Taiwan and other countries.

Executives

Softbank Group Corp	10 percent owner	1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Softbank America Inc	10 percent owner	300 DELAWARE AVENUE, SUITE 900, WILMINGTON DE 19801
Softbank Holdings Inc Et Al	10 percent owner
Capital Management Shah	10 percent owner	8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615
Ying (jack) Lu	officer: Senior VP & COO	UTSTARCOM, INC., 1275 HARBOR BAY PKWY, ALAMEDA CA 94502
Linzhen Xie	director	EAST THIRD RING ROAD, 11TH FLOOR, B TOWER, NO. 36 NORTH, BEIJING F4 100013
Wong William Shiu Kau	director	C/O UTSTARCOM, INC., 1275 HARBOR BAY PKWY., ALAMEDA CA 94502
Xiaoping Li	director	C/O UTSTARCOM, INC., 1275 HARBOR BAY PKWY., ALAMEDA CA 94502
Baichuan Du	director	ROOM 1504, BUILDING 7, NO. 1504, NO. 2 GUANG AN MEN, BEI BING HE RD., WEST DISTRICT BEIJING F4 100045
Peter Blackmore	officer: President & COO	UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Hong Liang Lu	director, officer: President and CEO	C/O UTSTARCOM INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Edmond Cheng	officer: Senior VP and CFO	C/O UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Henry Li	officer: SVP and General Counsel	C/O UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Viraj J Patel	officer: VP, Corp. Controller and CAO	100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Kenneth Luk	officer: Senior VP and CFO	C/O UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502