Vantage Towers AG (Vantage Towers AG) Accounts Payable & Accrued Expense : $345 Mil (As of Mar. 2023)

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What is Vantage Towers AG Accounts Payable & Accrued Expense?

Vantage Towers AG's quarterly accounts payable & accrued expense increased from Mar. 2022 ($298 Mil) to Sep. 2022 ($549 Mil) but then declined from Sep. 2022 ($549 Mil) to Mar. 2023 ($345 Mil).

Vantage Towers AG's annual accounts payable & accrued expense increased from Mar. 2021 ($243 Mil) to Mar. 2022 ($298 Mil) and increased from Mar. 2022 ($298 Mil) to Mar. 2023 ($345 Mil).

Vantage Towers AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vantage Towers AG'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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Vantage Towers AG Accounts Payable & Accrued Expense Chart

Vantage Towers AG Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

243.21

297.91

344.86

Vantage Towers AG Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			243.21	490.24	297.91	549.41	344.86

Vantage Towers AG 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.

Vantage Towers AG (Vantage Towers AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vantage Towers AG (OTCPK:VTAGY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

VTWR:Germany

Address

Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549

Website

https://www.vantagetowers.com

Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.

Vantage Towers AG (Vantage Towers AG) Headlines

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