Vestum AB (OSTO:VESTUM) Accounts Payable & Accrued Expense : kr392 Mil (As of Mar. 2024)

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What is Vestum AB Accounts Payable & Accrued Expense?

Vestum AB's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr615 Mil) to Dec. 2023 (kr463 Mil) and declined from Dec. 2023 (kr463 Mil) to Mar. 2024 (kr392 Mil).

Vestum AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr381 Mil) to Dec. 2022 (kr566 Mil) but then declined from Dec. 2022 (kr566 Mil) to Dec. 2023 (kr463 Mil).

Vestum AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vestum 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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Vestum AB Accounts Payable & Accrued Expense Chart

Vestum AB Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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8.83

1.00

381.00

566.00

463.00

Vestum 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															450.00	559.00	615.00	463.00	392.00

Vestum 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.

Vestum AB (OSTO:VESTUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Vestum AB (OSTO:VESTUM) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

W0S:Germany

Address

Riddargatan 10, Stockholm, SWE, 114 35

Website

https://www.vestum.se

Vestum AB is an acquisition-driven group that acquires and develops companies in construction, and infrastructure industries within the segments Water, Services and Infrastructure. The segment Water includes companies with a focus on improving the service sector for water infrastructure, Service segment includes companies that provide various services for the construction services industry, and Infra segment includes companies that work in areas such as civil engineering, water & sewage, roads, bridges, etc. Infra segment contributes majorily to the revenue of the company.

Vestum AB (OSTO:VESTUM) Headlines

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