UTX (Ultratrex) Accounts Payable: $1.53 Mil (As of Dec. 2024)

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What is Ultratrex Accounts Payable?

Ultratrex UTX Accounts Payable is $1.53 Mil as of Dec. 2024.

Ultratrex's Accounts Payable for the quarter that ended in Dec. 2024 was $1.53 Mil.

Ultratrex's quarterly Accounts Payable increased from Dec. 2023 ($0.00 Mil) to Jun. 2024 ($1.81 Mil) but then declined from Jun. 2024 ($1.81 Mil) to Dec. 2024 ($1.53 Mil).

Ultratrex's annual Accounts Payable increased from . 20 ($0.00 Mil) to Jun. 2023 ($1.65 Mil) and increased from Jun. 2023 ($1.65 Mil) to Jun. 2024 ($1.81 Mil).

Ultratrex Accounts Payable Historical Data

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The historical data trend for Ultratrex's Accounts Payable 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.

Ultratrex Accounts Payable Chart

Ultratrex Annual Data
Trend Jun23 Jun24
Accounts Payable
1.65 1.81

Ultratrex Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
Accounts Payable 1.65 0.00 1.81 1.53

Ultratrex Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $1.53 Mil mean?
Ultratrex (UTX) has a Accounts Payable of $1.53 Mil as of Dec. 2024. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Ultratrex and its competitors.
Is Ultratrex's Accounts Payable too high?
Ultratrex's current Accounts Payable is $1.53 Mil.
How does Ultratrex's Accounts Payable compare to ?
Ultratrex's Accounts Payable of $1.53 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Farm & Heavy Construction Machinery company?
A good Accounts Payable depends on the Farm & Heavy Construction Machinery industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Ultratrex and its competitors. Ultratrex's current Accounts Payable is $1.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultratrex stock overvalued right now?
Ultratrex (UTX) has a current Accounts Payable of $1.53 Mil. The current Accounts Payable is $1.53 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Ultratrex (UTX), the current Accounts Payable is $1.53 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ultratrex Business Description

Comparable Companies
Address 220 Orchard Road, Unit 05-02, Midpoint Orchard, Singapore, SGP, 238852
Ultratrex Inc is a holding company engaged in the manufacturing, trading and leasing of amphibious excavators, dredgers, machineries and amphibious harvesters, leasing of all kinds of hydraulic cranes, related heavy machineries and spare parts, as well as import and export of heavy machineries and related business. The Group operates in a single business segment involving manufacturing, trading and leasing of amphibious excavators, dredgers machineries and amphibious harvesters, and leasing of hydraulic cranes, related heavy machineries and spare parts. Its main revenue is generated mainly from the manufacturing and sale of amphibious vehicles and spare parts. The Group operates across Asia Pacific with majority of revenue, Europe, the Middle East, Africa, South America and North America.