PS Business Parks (PS Business Parks) Accounts Payable & Accrued Expense : $151.3 Mil (As of Sep. 2022)

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What is PS Business Parks Accounts Payable & Accrued Expense?

PS Business Parks's quarterly accounts payable & accrued expense declined from Mar. 2022 ($95.5 Mil) to Jun. 2022 ($92.0 Mil) but then increased from Jun. 2022 ($92.0 Mil) to Sep. 2022 ($151.3 Mil).

PS Business Parks's annual accounts payable & accrued expense increased from Dec. 2020 ($82.1 Mil) to Dec. 2021 ($97.1 Mil) and increased from Dec. 2021 ($97.1 Mil) to Dec. 2022 ($300.7 Mil).

PS Business Parks Accounts Payable & Accrued Expense Historical Data

The historical data trend for PS Business Parks'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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PS Business Parks Accounts Payable & Accrued Expense Chart

PS Business Parks Annual Data

Trend

Dec13

Dec14

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Dec17

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Dec19

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Dec22

Accounts Payable & Accrued Expense

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85.14

84.63

82.07

97.08

300.69

PS Business Parks Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															97.08	95.51	92.05	151.34	300.69

PS Business Parks 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.

PS Business Parks (PS Business Parks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » PS Business Parks Inc (NYSE:PSB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PSBZP.PFD:USA PSBYP.PFD:USA PSBXP.PFD:USA

Address

345 Park Avenue, New York, NY, USA, 10154

Website

https://www.psbusinessparks.com

Link Parks Inc formerly NamePS Business Parks Inc is a real estate investment trust that owns and operates primarily multitenant commercial warehouse, office, industrial park, and flex properties in the United States. The business activities of the group functioned through the acquisition, development, ownership and management of commercial real estate and the acquisition, development, ownership and management of multifamily real estate. The company defines flex space as locations that combine both warehouse and office space in a single configuration. Almost half the company's properties are located in California. The company generates nearly most of its revenue from rental income derived from its flex space and low-rise office holdings.

Executives

Havner Ronald L Jr	director	701 WESTERN AVENUE, GLENDALE CA 91201
Maria R Hawthorne	director	701 WESTERN AVENUE, GLENDALE CA 91201
Trenton Groves	officer: SVP, CAO & Asst. Sec.	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Adeel Khan	officer: Chief Financial Officer	11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Jennifer Holden Dunbar	director	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
M Christian Mitchell	director	355 S. GRAND AVE, SUITE 1750, LOS ANGELES CA 90071
Jeffrey D Hedges	officer: EVP, CFO & Secretary	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Russell Joseph D Jr	officer: PRESIDENT / CEO	PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Irene H Oh	director	135 N LOS ROBLES AVE. 7TH FL, PASADENA CA 91101
Chandler, Iii Dan M.	officer: President & CEO	915 WILSHIRE BOULEVARD, SUITE 2200, LOS ANGELES CA 90017
Kristy Pipes	director	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
James H Kropp	director	701 WESTERN AVENUE, GLENDALE CA 91201
John W Petersen	officer: Executive Vice President & COO	701 WESTERN AVENUE, GLENDALE CA 91201
Stephen W Wilson	director	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Robert S Rollo	director	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201