Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Current Accrued Expense : $33.1 Mil (As of Dec. 2023)

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What is Granite Real Estate Investment Trust Current Accrued Expense?

Granite Real Estate Investment Trust's Current Accrued Expense for the quarter that ended in Dec. 2023 was $33.1 Mil.

Granite Real Estate Investment Trust's quarterly Current Accrued Expense increased from Jun. 2023 ($36.6 Mil) to Sep. 2023 ($45.5 Mil) but then declined from Sep. 2023 ($45.5 Mil) to Dec. 2023 ($33.1 Mil).

Granite Real Estate Investment Trust's annual Current Accrued Expense increased from Dec. 2021 ($34.5 Mil) to Dec. 2022 ($49.4 Mil) but then declined from Dec. 2022 ($49.4 Mil) to Dec. 2023 ($33.1 Mil).

Granite Real Estate Investment Trust Current Accrued Expense Historical Data

The historical data trend for Granite Real Estate Investment Trust's Current 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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Granite Real Estate Investment Trust Current Accrued Expense Chart

Granite Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Accrued Expense

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18.64

25.00

34.47

49.43

33.11

Granite Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Current Accrued Expense	Get a 7-Day Free Trial															49.43	46.91	36.60	45.53	33.11

Granite Real Estate Investment Trust Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Granite Real Estate Investment Trust Current Accrued Expense Related Terms

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Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Real Estate Investment Trust (NYSE:GRP.U) » Definitions » Current Accrued Expense

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Traded in Other Exchanges

4I7:Germany GRT.UN:Canada

Address

77 King Street West, Suite 4010, P.O. Box 159, Toronto-Dominion Centre, Toronto, ON, CAN, M5K 1H1

Website

https://www.granitereit.com

Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.