Volta Finance (LSE:VTAS) Accounts Payable & Accrued Expense : €10.11 Mil (As of Jan. 2024)

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What is Volta Finance Accounts Payable & Accrued Expense?

Volta Finance's quarterly accounts payable & accrued expense increased from Jan. 2023 (€1.72 Mil) to Jul. 2023 (€6.58 Mil) and increased from Jul. 2023 (€6.58 Mil) to Jan. 2024 (€10.11 Mil).

Volta Finance's annual accounts payable & accrued expense declined from Jul. 2021 (€14.69 Mil) to Jul. 2022 (€5.49 Mil) but then increased from Jul. 2022 (€5.49 Mil) to Jul. 2023 (€6.58 Mil).

Volta Finance Accounts Payable & Accrued Expense Historical Data

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

Volta Finance Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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19.03

3.16

14.69

5.49

6.58

Volta Finance Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															14.10	5.49	1.72	6.58	10.11

Volta Finance 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.

Volta Finance (LSE:VTAS) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Volta Finance Ltd (LSE:VTAS) » Definitions » Accounts Payable & Accrued Expense

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VTA:Netherlands

Address

BNP Paribas House, St Julian’s Avenue, St Peter Port, GGY, GY1 1WA

Website

https://www.voltafinance.com

Volta Finance Ltd is a closed-ended investment company. It invests in collateralized loan application, synthetic corporate credit, cash corporate credit and asset based security classes. The company's objectives are to preserve capital across the credit cycle and provide returns to shareholders through quarterly dividends from investments in the diversified portfolio of structured finance assets.

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