Victrex (LSE:VCT) Accounts Payable & Accrued Expense : £30.5 Mil (As of Mar. 2024)

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What is Victrex Accounts Payable & Accrued Expense?

Victrex's quarterly accounts payable & accrued expense declined from Mar. 2023 (£57.9 Mil) to Sep. 2023 (£14.9 Mil) but then increased from Sep. 2023 (£14.9 Mil) to Mar. 2024 (£30.5 Mil).

Victrex's annual accounts payable & accrued expense increased from Sep. 2021 (£13.4 Mil) to Sep. 2022 (£21.9 Mil) but then declined from Sep. 2022 (£21.9 Mil) to Sep. 2023 (£14.9 Mil).

Victrex Accounts Payable & Accrued Expense Historical Data

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

Victrex Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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21.10

12.90

13.40

21.90

14.90

Victrex Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															53.20	21.90	57.90	14.90	30.50

Victrex 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.

Victrex (LSE:VCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Victrex PLC (LSE:VCT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

VTXPF:USA VCTl:UK 1OY:Germany

Address

Victrex Technology Centre, Hillhouse International, Thornton Cleveleys, Lancashire, GBR, FY5 4QD

Website

https://www.victrexplc.com

Victrex is a British specialty chemicals company whose business is based predominantly on manufacturing and creating solutions using polyetheretherketone, or PEEK, an ultra-high-performance lightweight plastic. Around 40% of sales are generated in Europe, with Asia and the Americas contributing 30% each. The business has two segments. The industrial segment targets transportation, energy, electronics, and manufacturing, while the medical segment provides healthcare solutions for the implantable device markets.

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