Vertex Energy (STU:5VE) Accounts Payable & Accrued Expense : €117 Mil (As of Mar. 2024)

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What is Vertex Energy Accounts Payable & Accrued Expense?

Vertex Energy's quarterly accounts payable & accrued expense increased from Sep. 2023 (€119 Mil) to Dec. 2023 (€129 Mil) but then declined from Dec. 2023 (€129 Mil) to Mar. 2024 (€117 Mil).

Vertex Energy's annual accounts payable & accrued expense increased from Dec. 2021 (€12 Mil) to Dec. 2022 (€91 Mil) and increased from Dec. 2022 (€91 Mil) to Dec. 2023 (€129 Mil).

Vertex Energy Accounts Payable & Accrued Expense Historical Data

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

Vertex Energy Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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11.72

4.58

11.92

90.79

129.03

Vertex Energy 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															122.03	115.61	118.59	129.03	116.95

Vertex Energy 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.

Vertex Energy (STU:5VE) Business Description

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Address

1331 Gemini Street, Suite 250, Houston, TX, USA, 77058

Website

https://www.vertexenergy.com

Vertex Energy Inc is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its operating segments are Refining and Marketing, and Recovery. The company generates maximum revenue from the Refining and Marketing segment. The company collects used oil from businesses such as oil change service stations, automotive repair shops, petroleum refineries, and petrochemical manufacturing operations.

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