Avantium NV (XAMS:AVTX) Accounts Payable & Accrued Expense : €45.23 Mil (As of Jun. 2023)

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What is Avantium NV Accounts Payable & Accrued Expense?

Avantium NV's quarterly accounts payable & accrued expense declined from Jun. 2022 (€18.59 Mil) to Dec. 2022 (€9.59 Mil) but then increased from Dec. 2022 (€9.59 Mil) to Jun. 2023 (€45.23 Mil).

Avantium NV's annual accounts payable & accrued expense increased from Dec. 2020 (€2.34 Mil) to Dec. 2021 (€5.07 Mil) and increased from Dec. 2021 (€5.07 Mil) to Dec. 2022 (€9.59 Mil).

Avantium NV Accounts Payable & Accrued Expense Historical Data

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

Avantium NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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3.40

3.73

2.34

5.07

9.59

Avantium NV Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													18.06	5.07	18.59	9.59	45.23

Avantium NV 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.

Avantium NV (XAMS:AVTX) Business Description

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AVTXF:USA 27V:Germany

Address

Zekeringstraat 29-31, Amsterdam, NLD, 1014 BV

Website

https://www.avantium.com

Avantium NV along with its subsidiaries is engaged in developing and commercializing next-generation bio-based plastics and chemicals based on its technological capabilities in advanced catalysis research and development. Avantium also provides solutions in the field of sustainable chemistry and provider of advanced catalyst testing technology. The company operates through Catalysis, R&D Solutions, Renewable Chemistries and Renewable Polymer segments.