VSE Corporation

NASDAQ VSEC

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VSE Corporation Accounts Payable Turnover Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -13.03%

VSE Corporation Accounts Payable Turnover Ratio 5 year CAGR is -13.03% for the Trailing 12 Months (TTM) ending March 31, 2024, a -30.24% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

VSE Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 1.86, a -17.98% change year over year.
VSE Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 2.27, a -0.69% change year over year.
VSE Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 2.29, a -15.37% change year over year.
VSE Corporation Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 2.70, a -13.51% change year over year.

NASDAQ: VSEC

VSE Corporation

CEO	Mr. John A. Cuomo
IPO Date	Aug. 18, 1995
Location	United States
Headquarters	6348 Walker Lane, Alexandria, VA, United States, 22310
Employees	1,200
Sector	Industrials
Industry	Aerospace & defense

Description

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through two segments, Aviation and Fleet. The Aviation segment provides aftermarket parts supply and distribution; maintenance, repair, and overhaul services for components and engine accessories supporting commercial, business, and general aviation operators. This segment serves commercial airlines, regional airlines, cargo transporters, MRO integrators and providers, aviation manufacturers, corporate and private aircraft owners, and fixed-base operators. The Fleet segment offers parts supply, inventory management, e-commerce fulfillment, logistics, supply chain support, and other services to support the commercial aftermarket medium- and heavy-duty truck market. This segment also provides sale of vehicle parts and supply chain services to support client truck fleets, as well as sustainment solutions and managed inventory services to government and commercial truck fleets. VSE Corporation was incorporated in 1959 and is headquartered in Alexandria, Virginia.

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