Vale (XMAD:XVALO) Accounts Payable & Accrued Expense

: €7,199 Mil (As of Dec. 2023)

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Vale's quarterly accounts payable & accrued expense increased from Jun. 2023 (€7,607 Mil) to Sep. 2023 (€7,743 Mil) but then declined from Sep. 2023 (€7,743 Mil) to Dec. 2023 (€7,199 Mil).

Vale's annual accounts payable & accrued expense increased from Dec. 2021 (€6,868 Mil) to Dec. 2022 (€8,115 Mil) but then declined from Dec. 2022 (€8,115 Mil) to Dec. 2023 (€7,199 Mil).

Vale Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vale'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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Vale Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

6,413.40

5,552.61

6,868.49

8,114.62

7,199.37

Vale Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense																8,114.62	7,658.80	7,607.37	7,743.37	7,199.37

Vale 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.

Vale (XMAD:XVALO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vale SA (XMAD:XVALO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

VALE:USA VALE:Mexico 0LBF:UK CVLC:Germany VALE3:Brazil VALE:Argentina

Address

Praia de Botafogo, 186, Salas 501 a 1901, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145

Website

https://www.vale.com

Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in its base metals business, which is expected to become effective early in 2024, and which is likely the first step in separating base metals and iron ore.

Vale (XMAD:XVALO) Headlines

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