Virtus Investment Partners (FRA:VIP) Accounts Payable & Accrued Expense : €140.0 Mil (As of Mar. 2024)

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What is Virtus Investment Partners Accounts Payable & Accrued Expense?

Virtus Investment Partners's quarterly accounts payable & accrued expense declined from Sep. 2023 (€219.6 Mil) to Dec. 2023 (€134.4 Mil) but then increased from Dec. 2023 (€134.4 Mil) to Mar. 2024 (€140.0 Mil).

Virtus Investment Partners's annual accounts payable & accrued expense increased from Dec. 2021 (€219.8 Mil) to Dec. 2022 (€264.2 Mil) but then declined from Dec. 2022 (€264.2 Mil) to Dec. 2023 (€134.4 Mil).

Virtus Investment Partners Accounts Payable & Accrued Expense Historical Data

The historical data trend for Virtus Investment Partners'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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Virtus Investment Partners Accounts Payable & Accrued Expense Chart

Virtus Investment Partners Annual Data

Trend

Dec14

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Dec16

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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180.25

65.92

219.82

264.23

134.41

Virtus Investment Partners Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															168.83	151.57	219.65	134.41	139.95

Virtus Investment Partners 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.

Virtus Investment Partners (FRA:VIP) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Investment Partners Inc (FRA:VIP) » Definitions » Accounts Payable & Accrued Expense

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VRTS:USA

Address

One Financial Plaza, Hartford, CT, USA, 06103

Website

https://www.virtus.com

Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of the US and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.

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