Upstart Holdings, Inc. Accounts Payable

Accounts Payable of UPST for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accounts Payable growth rates and interactive chart. Accounts payable (AP) represents a company's obligation to pay off a short-term debt to its creditors or suppliers. Accounts payable are amounts due to vendors or suppliers for goods or services received that have not yet been paid for. The sum of all outstanding amounts owed to vendors is shown as the accounts payable balance on the company's balance sheet. The increase or decrease in total AP from the prior period appears on the cash flow statement.

Highlights and Quick Summary

  • Accounts Payable for the quarter ending March 30, 2021 was $8.13 Million (a -41.0% decrease compared to previous quarter)
  • Year-over-year quarterly Accounts Payable decreased by -370.63%
  • Annual Accounts Payable for 2020 was $13.8 Million (a 110.02% increase from previous year)
  • Annual Accounts Payable for 2019 was $6.56 Million (a 124.39% increase from previous year)
  • Annual Accounts Payable for 2018 was $2.92 Million (a 208.99% increase from previous year)
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Historical Accounts Payable of Upstart Holdings, Inc.

Most recent Accounts Payableof UPST including historical data for past 10 years.

Interactive Chart of Accounts Payable of Upstart Holdings, Inc.

Upstart Holdings, Inc. Accounts Payable for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $8.13
2020 $13.78 $6.05 $-3.0 $13.78
2019 $6.56 $6.56
2018 $2.92
2017 $0.95

Business Profile of Upstart Holdings, Inc.

Sector: Financial Services
Industry: Credit Services
Upstart Holdings, Inc. operates a cloud- based artificial intelligence (AI) lending platform. The company's platform aggregates consumer demand for loans and connects it to its network of the company's AI- enabled bank partners. Its platform connects consumers, banks, and institutional investors through a shared AI lending platform. Upstart Holdings, Inc. was incorporated in 2012 and is headquartered in San Mateo, California.