Volkswagen AG (XTER:VOW3) Accounts Payable & Accrued Expense : €36,643 Mil (As of Dec. 2023)

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What is Volkswagen AG Accounts Payable & Accrued Expense?

Volkswagen AG's quarterly accounts payable & accrued expense declined from Jun. 2023 (€31,885 Mil) to Sep. 2023 (€30,028 Mil) but then increased from Sep. 2023 (€30,028 Mil) to Dec. 2023 (€36,643 Mil).

Volkswagen AG's annual accounts payable & accrued expense increased from Dec. 2021 (€27,834 Mil) to Dec. 2022 (€33,845 Mil) and increased from Dec. 2022 (€33,845 Mil) to Dec. 2023 (€36,643 Mil).

Volkswagen AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Volkswagen 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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Volkswagen AG Accounts Payable & Accrued Expense Chart

Volkswagen AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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26,656.00

26,913.00

27,834.00

33,845.00

36,643.00

Volkswagen AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															33,845.00	30,484.00	31,885.00	30,028.00	36,643.00

Volkswagen 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.

Volkswagen AG (XTER:VOW3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volkswagen AG (XTER:VOW3) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

VWAPY:USA VLKPF:USA VWAGY:USA VLKAF:USA VOW:Poland VOW3N:Mexico VOW3:Italy VOLKSWAGEN:Hungary VOW3d:UK 0P6O:UK 0P6N:UK VOW:Germany VOW:Czech Republic VOW:Austria

Address

Berliner Ring 2, Wolfsburg, NI, DEU, 38440

Website

https://www.volkswagenag.com

Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.

Executives

Oliver Blume

Board of Directors

Volkswagen AG (XTER:VOW3) Headlines

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