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VAM Investments SPAC BV (XAMS:VAM) Accounts Payable & Accrued Expense : €0.80 Mil (As of Jun. 2023)


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What is VAM Investments SPAC BV Accounts Payable & Accrued Expense?

VAM Investments SPAC BV's quarterly accounts payable & accrued expense increased from Jun. 2022 (€0.16 Mil) to Dec. 2022 (€0.23 Mil) and increased from Dec. 2022 (€0.23 Mil) to Jun. 2023 (€0.80 Mil).

VAM Investments SPAC BV's annual accounts payable & accrued expense increased from . 20 (€0.00 Mil) to Dec. 2021 (€0.26 Mil) but then declined from Dec. 2021 (€0.26 Mil) to Dec. 2022 (€0.23 Mil).

VAM Investments SPAC BV Accounts Payable & Accrued Expense Historical Data

The historical data trend for VAM Investments SPAC BV'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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VAM Investments SPAC BV Accounts Payable & Accrued Expense Chart

VAM Investments SPAC BV Annual Data
Trend Dec21 Dec22
Accounts Payable & Accrued Expense
0.26 0.23

VAM Investments SPAC BV Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Accounts Payable & Accrued Expense - 0.26 0.16 0.23 0.80

VAM Investments SPAC BV 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.

VAM Investments SPAC BV (XAMS:VAM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » VAM Investments SPAC BV (XAMS:VAM) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
XAMS:EHCS XAMS:NAI XAMS:CTCA1 XAMS:LVIDE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA LSE:ADMR HCVI TRTL CCVI SLAM NETD
Traded in Other Exchanges
N/A
Address
Via Manzoni 3, Milano, ITA, 20121
Website
https://www.vaminvestments-spac.com
VAM Investments SPAC BV is a blank check company based in Milan, Italy. The Company's purpose is to ensure Supermoney gains access to the public capital markets and benefits from financial resources to further strengthen its market-leading position in the Italian utilities and telecommunications sector, to extend its value proposition through new streams of value-added products, and to potentially enter adjacent verticals through organic growth and/or strategic acquisitions.