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VNET Group (FRA:217A) Other Current Liabilities : €50 Mil (As of Dec. 2024)


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What is VNET Group Other Current Liabilities?

VNET Group's other current liabilities for the quarter that ended in Dec. 2024 was €50 Mil.

VNET Group's quarterly other current liabilities declined from Jun. 2024 (€0 Mil) to Sep. 2024 (€-0 Mil) but then increased from Sep. 2024 (€-0 Mil) to Dec. 2024 (€50 Mil).

VNET Group's annual other current liabilities declined from Dec. 2022 (€49 Mil) to Dec. 2023 (€49 Mil) but then increased from Dec. 2023 (€49 Mil) to Dec. 2024 (€50 Mil).


VNET Group Other Current Liabilities Historical Data

The historical data trend for VNET Group's Other Current Liabilities 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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VNET Group Other Current Liabilities Chart

VNET Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 37.48 48.81 48.67 49.71

VNET Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Other Current Liabilities 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 48.67 - - - 49.71

VNET Group Other Current Liabilities Calculation

The liability a company needs to pay in the next 12 months, but not assigned to Accounts Payable or Debt. For instance, Wal-Mart (WMT) has accrued wages, salaries, valuation, bonuses, insurance liabilities, accrued tax etc. These are all included in other current liabilities.


VNET Group Other Current Liabilities Related Terms

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VNET Group Business Description

Industry
Traded in Other Exchanges
Address
No. 10 Jiuxianqiao East Road, Guanjie Building Southeast 1st Floor, Chaoyang District, Beijing, CHN, 100016
VNET started as AsiaCloud in 1999 and moved to the data center business with its first self-developed data center opening in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of June 2024, it had 48,516 self-built retail cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 358 MW of wholesale capacity in service with a further 297 MW under construction and a further 489 MW held for future development.

VNET Group Headlines

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