Universal Accounts Payable from 2010 to 2024

UUU Stock  USD 2.17  0.01  0.46%   
Universal Security Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 1.8 M in 2024. Accounts Payable is the amount Universal Security Instruments owes to suppliers or vendors for products or services received but not yet paid for. It represents Universal Security's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1991-12-31
Previous Quarter
1.5 M
Current Value
3.1 M
Quarterly Volatility
1.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Security financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Security's main balance sheet or income statement drivers, such as Depreciation And Amortization of 154.5 K, Interest Expense of 147.9 K or Total Revenue of 15.1 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0 or PTB Ratio of 0.68. Universal financial statements analysis is a perfect complement when working with Universal Security Valuation or Volatility modules.
  
Check out the analysis of Universal Security Correlation against competitors.

Latest Universal Security's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Universal Security Instruments over the last few years. An accounting item on the balance sheet that represents Universal Security 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 Security 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 Security's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Security's 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 Mean1,777,887
Geometric Mean1,361,076
Coefficient Of Variation82.03
Mean Deviation1,034,277
Median1,264,709
Standard Deviation1,458,440
Sample Variance2.1T
Range5.2M
R-Value0.33
Mean Square Error2T
R-Squared0.11
Significance0.23
Slope107,512
Total Sum of Squares29.8T

Universal Accounts Payable History

20241.8 M
20232.4 M
2022948.5 K
20212.6 M
20201.3 M
2019772.3 K
20185.6 M

About Universal Security Financial Statements

Universal Security shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Universal Security investors may analyze each financial statement separately, they are all interrelated. The changes in Universal Security's assets and liabilities, for example, are also reflected in the revenues and expenses on on Universal Security's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable2.4 M1.8 M

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Additional Tools for Universal Stock Analysis

When running Universal Security's price analysis, check to measure Universal Security's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Security is operating at the current time. Most of Universal Security's value examination focuses on studying past and present price action to predict the probability of Universal Security's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Security's price. Additionally, you may evaluate how the addition of Universal Security to your portfolios can decrease your overall portfolio volatility.