Vetropack Holding AG (XSWX:VETN) Accounts Payable & Accrued Expense : CHF168.2 Mil (As of Dec. 2023)

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What is Vetropack Holding AG Accounts Payable & Accrued Expense?

Vetropack Holding AG's quarterly accounts payable & accrued expense declined from Dec. 2022 (CHF214.6 Mil) to Jun. 2023 (CHF165.0 Mil) but then increased from Jun. 2023 (CHF165.0 Mil) to Dec. 2023 (CHF168.2 Mil).

Vetropack Holding AG's annual accounts payable & accrued expense increased from Dec. 2021 (CHF145.0 Mil) to Dec. 2022 (CHF214.6 Mil) but then declined from Dec. 2022 (CHF214.6 Mil) to Dec. 2023 (CHF168.2 Mil).

Vetropack Holding AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vetropack Holding AG'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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Vetropack Holding AG Accounts Payable & Accrued Expense Chart

Vetropack Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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89.10

93.50

145.00

214.60

168.20

Vetropack Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															145.00	139.10	214.60	165.00	168.20

Vetropack Holding AG 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.

Vetropack Holding AG (XSWX:VETN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Vetropack Holding AG (XSWX:VETN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

VETNz:UK

Address

Schutzenmattstrasse 48, Bulach, CHE, 8180

Website

https://www.vetropack.com

Vetropack Holding AG is a glass packaging manufacturer serving the food and beverage industry. The company offers services including package design, production and just-in-time delivery to consulting and support services in the area of packaging analysis, bottling, conditioning, closure technology, decorative refinement, and labelling. It has its production and distribution facilities in Switzerland, Austria, the Czech Republic, Slovakia, Croatia, Ukraine, and Italy. The segment reporting used at the top management level for corporate management has just one segment (Glass packaging). The secondary segment Speciality glass comprises only trade revenue in Switzerland.

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