BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Accounts Payable & Accrued Expense : R$1.08 Mil (As of Dec. 2023)

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What is BB Fundo Invest Imobiliario Progressivo Accounts Payable & Accrued Expense?

BB Fundo Invest Imobiliario Progressivo's quarterly accounts payable & accrued expense declined from Dec. 2021 (R$14.50 Mil) to Dec. 2022 (R$3.71 Mil) and declined from Dec. 2022 (R$3.71 Mil) to Dec. 2023 (R$1.08 Mil).

BB Fundo Invest Imobiliario Progressivo's annual accounts payable & accrued expense declined from Dec. 2021 (R$14.50 Mil) to Dec. 2022 (R$3.71 Mil) and declined from Dec. 2022 (R$3.71 Mil) to Dec. 2023 (R$1.08 Mil).

BB Fundo Invest Imobiliario Progressivo Accounts Payable & Accrued Expense Historical Data

The historical data trend for BB Fundo Invest Imobiliario Progressivo'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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BB Fundo Invest Imobiliario Progressivo Accounts Payable & Accrued Expense Chart

BB Fundo Invest Imobiliario Progressivo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

11.91

12.44

14.50

3.71

1.08

BB Fundo Invest Imobiliario Progressivo Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Accounts Payable & Accrued Expense	11.91	12.44	14.50	3.71	1.08

BB Fundo Invest Imobiliario Progressivo 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.

BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Paulista, 2300, 11th Floor, Sao Paulo, SP, BRA, 1310300

Website

http://www.fundoimobiliario.com.br

BB Fundo Invest Imobiliario Progressivo is an investment REIT. The firm invests in commercial real estate developments that generate frequent revenue, such as commercial buildings, hospitals, shopping malls, distribution, and logistics centers. It is managed by Caixa Economica Federal. Its assets are leased to the Bank of Brazil.

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