Veltex (Veltex) Accounts Payable & Accrued Expense : $0.24 Mil (As of Mar. 2024)

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What is Veltex Accounts Payable & Accrued Expense?

Veltex's quarterly accounts payable & accrued expense declined from Jun. 2023 ($0.27 Mil) to Dec. 2023 ($0.21 Mil) but then increased from Dec. 2023 ($0.21 Mil) to Mar. 2024 ($0.24 Mil).

Veltex's annual accounts payable & accrued expense increased from Dec. 2021 ($0.04 Mil) to Dec. 2022 ($0.22 Mil) but then declined from Dec. 2022 ($0.22 Mil) to Dec. 2023 ($0.21 Mil).

Veltex Accounts Payable & Accrued Expense Historical Data

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

Veltex Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.04

0.22

0.21

Veltex Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.22	0.24	0.27	0.21	0.24

Veltex 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.

Veltex (Veltex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veltex Corp (OTCPK:VLXC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 West Madison Street, Suite 1500, Chicago, IL, USA, 60602

Website

https://www.veltex.com

Veltex Corp is a United States-based holding company. The company is engaged in the development and acquisition of companies that have established or advanced the latest modalities in the areas of health, wellness, and recovery. Its market includes rehab centres and treatment centres. The company also acquires real estate properties.