VBG Group AB (OSTO:VBG B) Accounts Payable & Accrued Expense : kr477 Mil (As of Mar. 2024)

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What is VBG Group AB Accounts Payable & Accrued Expense?

VBG Group AB's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr532 Mil) to Dec. 2023 (kr440 Mil) but then increased from Dec. 2023 (kr440 Mil) to Mar. 2024 (kr477 Mil).

VBG Group AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr254 Mil) to Dec. 2022 (kr387 Mil) and increased from Dec. 2022 (kr387 Mil) to Dec. 2023 (kr440 Mil).

VBG Group AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for VBG Group AB'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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VBG Group AB Accounts Payable & Accrued Expense Chart

VBG Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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222.92

192.20

253.57

386.78

439.95

VBG Group AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															419.60	503.70	531.60	439.95	477.00

VBG Group AB 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.

VBG Group AB (OSTO:VBG B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » VBG Group AB (OSTO:VBG B) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

KU4:Germany

Address

Kungsgatan 57, Box 1216, Trollhattan, SWE, SE-461 34

Website

https://www.vbggroup.com

VBG Group AB is an international industrial group. The Parent Company VBG Group AB is a long-term owner that provides active management of the Group's three wholly owned divisions through considerable industrial expertise, a strong corporate culture and financial resilience. The Group's divisions - Truck & Trailer Equipment, Mobile Thermal Solutions and Ringfeder Power Transmission - develop, manufacture, market and sell products under strong, well-known brands all over the world.

VBG Group AB (OSTO:VBG B) Headlines

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