Vinpai (XPAR:ALVIN) Accounts Payable & Accrued Expense : €2.27 Mil (As of Dec. 2023)

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What is Vinpai Accounts Payable & Accrued Expense?

Vinpai's quarterly accounts payable & accrued expense declined from Dec. 2022 (€1.81 Mil) to Jun. 2023 (€1.79 Mil) but then increased from Jun. 2023 (€1.79 Mil) to Dec. 2023 (€2.27 Mil).

Vinpai's annual accounts payable & accrued expense declined from Dec. 2021 (€2.02 Mil) to Dec. 2022 (€1.81 Mil) but then increased from Dec. 2022 (€1.81 Mil) to Dec. 2023 (€2.27 Mil).

Vinpai Accounts Payable & Accrued Expense Historical Data

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

Vinpai Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

1.95

2.02

1.81

2.27

Vinpai Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			2.02	-	1.81	1.79	2.27

Vinpai 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.

Vinpai (XPAR:ALVIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vinpai SA (XPAR:ALVIN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6, parc d'Activites de la Fouee, Saint-Dolay, FRA, 56130

Website

https://www.vinpai.com

Vinpai SA is an ingredient tech which offers manufacturers natural alternatives to chemical additives. The Company is an ingredientist that designs, manufactures and markets complementary and innovative ranges of functional ingredients based on algae, plants, minerals and fibers. These innovative ingredients have the function of texturing, stabilizing, preserving, flavoring and/ or enriching the recipes of the food industry, cosmetics, well-being, and health. Vinpai offers manufacturers a complete offer including the supply of functional ingredients, sometimes combined in premix, as well as support for the formulation and the launch of industrial production with the management of the ramp-up with the transition from the lab to the factory.

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