Universal Accounts Payable from 2010 to 2025

ULH Stock  USD 44.29  0.44  1.00%   
Universal Logistics' Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is predicted to flatten to about 57.1 M. Accounts Payable is the amount Universal Logistics Holdings owes to suppliers or vendors for products or services received but not yet paid for. It represents Universal Logistics' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2002-12-31
Previous Quarter
74 M
Current Value
78.4 M
Quarterly Volatility
32.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Logistics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 93 M, Interest Expense of 29.2 M or Other Operating Expenses of 1 B, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0164 or PTB Ratio of 1.51. Universal financial statements analysis is a perfect complement when working with Universal Logistics Valuation or Volatility modules.
  
Check out the analysis of Universal Logistics Correlation against competitors.

Latest Universal Logistics' Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Universal Logistics Holdings over the last few years. An accounting item on the balance sheet that represents Universal Logistics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Universal Logistics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Universal Logistics' Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Logistics' overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Universal Accounts Payable Regression Statistics

Arithmetic Mean67,490,197
Geometric Mean59,558,161
Coefficient Of Variation40.57
Mean Deviation21,560,615
Median65,945,000
Standard Deviation27,380,746
Sample Variance749.7T
Range109.3M
R-Value0.63
Mean Square Error481T
R-Squared0.40
Significance0.01
Slope3,642,472
Total Sum of Squares11245.6T

Universal Accounts Payable History

202557.1 M
202473.7 M
202364.1 M
202287.1 M
2021117.8 M
202097.9 M
201991.9 M

About Universal Logistics Financial Statements

Investors use fundamental indicators, such as Universal Logistics' Accounts Payable, to determine how well the company is positioned to perform in the future. Although Universal Logistics' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Accounts Payable73.7 M57.1 M

Currently Active Assets on Macroaxis

When determining whether Universal Logistics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Logistics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Universal Logistics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Logistics Holdings Stock:
Check out the analysis of Universal Logistics Correlation against competitors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Logistics. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.15
Dividend Share
0.42
Earnings Share
4.98
Revenue Per Share
67.353
Quarterly Revenue Growth
0.013
The market value of Universal Logistics is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Logistics' value that differs from its market value or its book value, called intrinsic value, which is Universal Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Logistics' market value can be influenced by many factors that don't directly affect Universal Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.