VDM Group (ASX:VMG) Accounts Payable: A$0.60 Mil (As of Jun. 2024)


What is VDM Group Accounts Payable?

VDM Group ASX:VMG Accounts Payable is A$0.60 Mil as of Jun. 2024.

VDM Group's Accounts Payable for the quarter that ended in Jun. 2024 was A$0.60 Mil.

VDM Group's quarterly Accounts Payable increased from Jun. 2023 (A$0.50 Mil) to Dec. 2023 (A$5.26 Mil) but then declined from Dec. 2023 (A$5.26 Mil) to Jun. 2024 (A$0.60 Mil).

VDM Group's annual Accounts Payable declined from Jun. 2022 (A$0.57 Mil) to Jun. 2023 (A$0.50 Mil) but then increased from Jun. 2023 (A$0.50 Mil) to Jun. 2024 (A$0.60 Mil).

VDM Group Accounts Payable Historical Data

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The historical data trend for VDM Group's Accounts Payable 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.

VDM Group Accounts Payable Chart

VDM Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.64 0.57 0.50 0.60

VDM Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 5.16 0.50 5.26 0.60

VDM Group Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of A$0.60 Mil mean?
VDM Group (ASX:VMG) has a Accounts Payable of A$0.60 Mil as of Jun. 2024. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on VDM Group and its competitors.
Is VDM Group's Accounts Payable too high?
VDM Group's current Accounts Payable is A$0.60 Mil.
How does VDM Group's Accounts Payable compare to PWR and J?
VDM Group's Accounts Payable of A$0.60 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Construction company?
A good Accounts Payable depends on the Construction industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on VDM Group and its competitors. VDM Group's current Accounts Payable is A$0.60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VDM Group stock overvalued right now?
VDM Group (ASX:VMG) has a current Accounts Payable of A$0.60 Mil. The current Accounts Payable is A$0.60 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For VDM Group (ASX:VMG), the current Accounts Payable is A$0.60 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

VDM Group Business Description

Address 420 Bagot Road, Unit 2, Subiaco, Subiaco, WA, AUS, 6008
VDM Group Ltd is an engineering and construction company. The company is an operationally diverse company arranged under two operating divisions: i) construction and ii) mining and exploration. Its activities involve exploration of the Cachoeiras do Binga copper project located in the Republic of Angola (Cachoeiras do Binga); exploration of the Cage Bengo Project located in the Republic of Angola (Cage Bengo); and review of new project opportunities.