Vulcan Steel (ASX:VSL) Accounts Payable & Accrued Expense : A$134 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Vulcan Steel Accounts Payable & Accrued Expense?

Vulcan Steel's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$145 Mil) to Jun. 2023 (A$153 Mil) but then declined from Jun. 2023 (A$153 Mil) to Dec. 2023 (A$134 Mil).

Vulcan Steel's annual accounts payable & accrued expense increased from Jun. 2021 (A$137 Mil) to Jun. 2022 (A$151 Mil) and increased from Jun. 2022 (A$151 Mil) to Jun. 2023 (A$153 Mil).

Vulcan Steel Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vulcan Steel'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.

* Premium members only.

Vulcan Steel Accounts Payable & Accrued Expense Chart

Vulcan Steel Annual Data

Trend

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

136.61

151.11

152.54

Vulcan Steel Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	162.51	151.11	145.08	152.54	134.40

Vulcan Steel 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.

Vulcan Steel (ASX:VSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vulcan Steel Ltd (ASX:VSL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

VSL:New Zealand

Address

29 Neales Road, East Tamaki, Auckland, NTL, NZL, 2013

Website

https://www.vulcan.co

Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New , which includes Stainless Steel, Engineering Steel and Aluminium.