Vector (NZSE:VCT) Accounts Payable & Accrued Expense : NZ$193 Mil (As of Dec. 2023)

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What is Vector Accounts Payable & Accrued Expense?

Vector's quarterly accounts payable & accrued expense increased from Dec. 2022 (NZ$186 Mil) to Jun. 2023 (NZ$271 Mil) but then declined from Jun. 2023 (NZ$271 Mil) to Dec. 2023 (NZ$193 Mil).

Vector's annual accounts payable & accrued expense declined from Jun. 2021 (NZ$222 Mil) to Jun. 2022 (NZ$200 Mil) but then increased from Jun. 2022 (NZ$200 Mil) to Jun. 2023 (NZ$271 Mil).

Vector Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vector's Accounts Payable & Accrued Expense 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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Vector Accounts Payable & Accrued Expense Chart

Vector Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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200.10

201.60

221.70

199.60

271.20

Vector Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															208.50	199.60	185.80	271.20	192.50

Vector Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Vector (NZSE:VCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Vector Ltd (NZSE:VCT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

VETTF:USA

Address

101 Carlton Gore Road, Newmarket, Auckland, NTL, NZL, 1023

Website

https://www.vector.co.nz

Vector Ltd is a New Zealand infrastructure company. The company's operating segment includes Regulated Networks; Gas Trading and Metering. It generates maximum revenue from the Regulated Networks segment. The regulated Networks segment includes Auckland electricity and gas distribution services. Gas Trading includes Natural gas and LPG sales, storage, and transportation. The Metering segment includes Metering services.

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