va-Q-tec AG (HAM:VQT) Accounts Payable & Accrued Expense : €7.9 Mil (As of Dec. 2023)

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What is va-Q-tec AG Accounts Payable & Accrued Expense?

va-Q-tec AG's quarterly accounts payable & accrued expense declined from Jun. 2023 (€6.6 Mil) to Sep. 2023 (€3.3 Mil) but then increased from Sep. 2023 (€3.3 Mil) to Dec. 2023 (€7.9 Mil).

va-Q-tec AG's annual accounts payable & accrued expense increased from Dec. 2021 (€10.4 Mil) to Dec. 2022 (€12.4 Mil) but then declined from Dec. 2022 (€12.4 Mil) to Dec. 2023 (€7.9 Mil).

va-Q-tec AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for va-Q-tec 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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va-Q-tec AG Accounts Payable & Accrued Expense Chart

va-Q-tec AG Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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5.12

6.02

10.40

12.38

7.88

va-Q-tec 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															12.38	5.47	6.60	3.33	7.88

va-Q-tec 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.

va-Q-tec AG (HAM:VQT) Business Description

Industry

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VAQTF:USA

Address

Alfred-Nobel-Strasse 33, Wurzburg, BY, DEU, 97080

Website

https://www.va-q-tec.com

va-Q-tec AG develops, produces and sells products for temperature controlling and insulation-vacuum, insulation panels, heat storage and phase change materials. The company segments include Va-Q-tec AG, Va-Q-tec Ltd (UK) and Others. It generates maximum revenue from the Va-Q-tec AG segment. Geographically, it has a presence in Germany, Rest of European Union and Other. The company's serve Healthcare and Logistics, Appliances and Food, Construction, Technics and Industry, and Mobility.

va-Q-tec AG (HAM:VQT) Headlines

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