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Mfc-Nichada Thani Property Fund (BKK:MNIT) Accounts Payable & Accrued Expense : ฿0.61 Mil (As of Mar. 2024)


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What is Mfc-Nichada Thani Property Fund Accounts Payable & Accrued Expense?

Mfc-Nichada Thani Property Fund's quarterly accounts payable & accrued expense increased from Sep. 2023 (฿0.76 Mil) to Dec. 2023 (฿0.78 Mil) but then declined from Dec. 2023 (฿0.78 Mil) to Mar. 2024 (฿0.61 Mil).

Mfc-Nichada Thani Property Fund's annual accounts payable & accrued expense declined from Dec. 2021 (฿0.73 Mil) to Dec. 2022 (฿0.68 Mil) but then increased from Dec. 2022 (฿0.68 Mil) to Dec. 2023 (฿0.78 Mil).


Mfc-Nichada Thani Property Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mfc-Nichada Thani Property Fund'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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Mfc-Nichada Thani Property Fund Accounts Payable & Accrued Expense Chart

Mfc-Nichada Thani Property Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 0.92 0.73 0.68 0.78

Mfc-Nichada Thani Property Fund Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.74 0.76 0.78 0.61

Mfc-Nichada Thani Property Fund 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.


Mfc-Nichada Thani Property Fund (BKK:MNIT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, Ground Floor & 21st-23rd Floor, 199 Column Tower, Klongtoey, Bangkok, THA, 10110
Mfc-Nichada Thani Property Fund is a close-ended property fund with no maturity date. The fund's objective is to use the proceeds from the sale of investment units to invest in properties for residential buildings including land and private houses for a living, which is in Amphur Pakkred, Nonthaburi. It operates under one segment namely Rental of Properties in Thailand. The Fund has invested (freehold) in the Lakeshore-North Apartment Building - an apartment for rent, Lakeshore-West Apartment Building - an apartment for rent, Land with units of two-storeyed private houses of Raintree Residence Project and Land with units of two-storeyed private homes of Sunshine Place Project. All assets are located in the Nichada Thani Project.

Mfc-Nichada Thani Property Fund (BKK:MNIT) Headlines

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