Universal Music Group NV (XAMS:UMG) Accounts Payable : €4,495 Mil (As of Dec. 2024)

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What is Universal Music Group NV Accounts Payable?

Universal Music Group NV's Accounts Payable for the quarter that ended in Dec. 2024 was €4,495 Mil.

Universal Music Group NV's quarterly Accounts Payable increased from Dec. 2023 (€4,062 Mil) to Jun. 2024 (€5,634 Mil) but then declined from Jun. 2024 (€5,634 Mil) to Dec. 2024 (€4,495 Mil).

Universal Music Group NV's annual Accounts Payable increased from Dec. 2022 (€3,661 Mil) to Dec. 2023 (€4,062 Mil) and increased from Dec. 2023 (€4,062 Mil) to Dec. 2024 (€4,495 Mil).

Universal Music Group NV Accounts Payable Historical Data

The historical data trend for Universal Music Group NV'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.

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Universal Music Group NV Accounts Payable Chart

Universal Music Group NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable

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2,709.00

3,166.00

3,661.00

4,062.00

4,495.00

Universal Music Group NV Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable	Get a 7-Day Free Trial								3,661.00	5,021.00	4,062.00	5,634.00	4,495.00

Universal Music Group NV 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.

Universal Music Group NV Accounts Payable Related Terms

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Universal Music Group NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Universal Music Group NV (XAMS:UMG) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

UNVGY:USA UMGNF:USA UMGa:UK 0VD:Germany UMG:Austria

Address

Gravelandseweg 80, Hilversum, NH, NLD, 1217 EW

Website

https://www.universalmusic.com

Universal Music is the largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing more than a dozen record labels, including notable names like Interscope, Capital Music, Motown Records, and Def Jam. Some of the most successful current artists signed to record deals with Universal include Taylor Swift, Drake, The Weeknd, and Morgan Wallen. Most of Universal's remaining revenue comes from its publishing segment, which generates revenue for songwriters and composers, including some of Universal's recording artists as well as songwriters and composers who do not record music themselves or are attached to other labels. Universal's publishing group has nearly 4.5 million owned or administered titles in its catalog.

Universal Music Group NV Headlines

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