VEON (FRA:35V0) Accounts Payable & Accrued Expense : €1,072 Mil (As of Jun. 2023)

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What is VEON Accounts Payable & Accrued Expense?

VEON's quarterly accounts payable & accrued expense declined from Jun. 2022 (€1,983 Mil) to Dec. 2022 (€1,380 Mil) and declined from Dec. 2022 (€1,380 Mil) to Jun. 2023 (€1,072 Mil).

VEON's annual accounts payable & accrued expense increased from Dec. 2020 (€2,127 Mil) to Dec. 2021 (€2,327 Mil) but then declined from Dec. 2021 (€2,327 Mil) to Dec. 2022 (€1,380 Mil).

VEON Accounts Payable & Accrued Expense Historical Data

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

VEON Annual Data

Trend

Dec13

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Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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1,984.78

2,211.30

2,127.34

2,326.67

1,380.13

VEON Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,754.40	2,326.67	1,982.82	1,380.13	1,071.60

VEON 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.

VEON (FRA:35V0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » VEON Ltd (FRA:35V0) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

VEON:USA VEON:Netherlands

Address

Claude Debussylaan 88, Amsterdam, NLD, 1082 MD

Website

https://www.veon.com

VEON Ltd is a global provider of connectivity and internet services. The company provides its customers with voice, fixed broadband, data, and digital services. Currently, the company offers services to customers in the following countries: Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. The reportable segments currently consist of the following five segments: Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. The company provides services under the Beeline, Kyivstar, banglalink and Jazz brands.

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