Ventia Services Group (ASX:VNT) Current Accrued Expense : A$0 Mil (As of Jun. 2024)

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What is Ventia Services Group Current Accrued Expense?

Ventia Services Group's Current Accrued Expense for the quarter that ended in Jun. 2024 was A$0 Mil.

Ventia Services Group Current Accrued Expense Historical Data

The historical data trend for Ventia Services Group's Current 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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Ventia Services Group Current Accrued Expense Chart

Ventia Services Group Annual Data

Trend

Dec21

Dec22

Dec23

Current Accrued Expense

Ventia Services Group Semi-Annual Data
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Ventia Services Group Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Ventia Services Group Current Accrued Expense Related Terms

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Ventia Services Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Current Accrued Expense

Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.