VSE (FRA:VS3) Accounts Payable & Accrued Expense : €177.6 Mil (As of Mar. 2024)

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What is VSE Accounts Payable & Accrued Expense?

VSE's quarterly accounts payable & accrued expense increased from Sep. 2023 (€161.9 Mil) to Dec. 2023 (€165.2 Mil) and increased from Dec. 2023 (€165.2 Mil) to Mar. 2024 (€177.6 Mil).

VSE's annual accounts payable & accrued expense increased from Dec. 2021 (€107.0 Mil) to Dec. 2022 (€128.4 Mil) and increased from Dec. 2022 (€128.4 Mil) to Dec. 2023 (€165.2 Mil).

VSE Accounts Payable & Accrued Expense Historical Data

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

VSE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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64.94

62.83

106.95

128.41

165.20

VSE 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															175.07	125.67	161.87	165.20	177.61

VSE 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.

VSE (FRA:VS3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » VSE Corp (FRA:VS3) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

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Traded in Other Exchanges

VSEC:USA

Address

6348 Walker Lane, Alexandria, VA, USA, 22310

Website

https://www.vsecorp.com

VSE Corp is a diversified aftermarket products and services company providing repair services, parts distribution, logistics, supply chain management and consulting services for land, sea and air transportation assets to commercial and government markets. Its operations include supply chain management solutions, parts supply and distribution, and maintenance, repair and overhaul (MRO) services for vehicle fleet, aviation, maritime and other customers. It also provide vehicle and equipment refurbishment, logistics, engineering support, data management and healthcare IT solutions, and clean energy consulting services. The company operating segments are Aviation, Fleet and Federal and Defense.

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