Vector Group (STU:VGR) Accounts Payable & Accrued Expense : €185 Mil (As of Mar. 2024)

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What is Vector Group Accounts Payable & Accrued Expense?

Vector Group's quarterly accounts payable & accrued expense declined from Sep. 2023 (€291 Mil) to Dec. 2023 (€111 Mil) but then increased from Dec. 2023 (€111 Mil) to Mar. 2024 (€185 Mil).

Vector Group's annual accounts payable & accrued expense declined from Dec. 2021 (€128 Mil) to Dec. 2022 (€127 Mil) and declined from Dec. 2022 (€127 Mil) to Dec. 2023 (€111 Mil).

Vector Group Accounts Payable & Accrued Expense Historical Data

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

Vector Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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168.86

129.24

127.93

127.50

111.47

Vector Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															191.41	233.12	291.26	111.47	184.73

Vector Group 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.

Vector Group (STU:VGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Vector Group Ltd (STU:VGR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

VGR:USA VGR:Germany

Address

4400 Biscayne Boulevard, 10th Floor, Miami, FL, USA, 33137

Website

https://www.vectorgroupltd.com

Vector Group Ltd is a holding company whose subsidiaries--Liggett Group, Vector Tobacco, and New Valley-- primarily sell tobacco products and invest in real estate. The Liggett Group and Vector Tobacco subsidiaries sell cigarettes, primarily in the discount segment, in the United States under brand names Eagle 20's, Pyramid, Grand Prix, Liggett Select, and Eve. New Valley, through its majority ownership in Douglas Elliman Realty, invests in real estate worldwide. It also operates the largest residential brokerage company in the New York City area and has additional operations in South Florida, Beverly Hills, Aspen, and Connecticut. Tobacco accounts for more than half of total company revenue; real estate makes up the remainder.