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Ventia Services Group (ASX:VNT) Cash Receipts from Deposits by Banks and Customers


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What is Ventia Services Group Cash Receipts from Deposits by Banks and Customers?

Cash Receipts from Deposits by Banks and Customers only applies to banks.


Ventia Services Group (ASX:VNT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Cash Receipts from Deposits by Banks and Customers
Traded in Other Exchanges
Address
80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060
While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.