Goodman Property Trust (NZSE:GMT) Accounts Payable & Accrued Expense : NZ$0.0 Mil (As of Sep. 2023)

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What is Goodman Property Trust Accounts Payable & Accrued Expense?

Goodman Property Trust's quarterly accounts payable & accrued expense increased from Sep. 2022 (NZ$0.0 Mil) to Mar. 2023 (NZ$45.1 Mil) but then declined from Mar. 2023 (NZ$45.1 Mil) to Sep. 2023 (NZ$0.0 Mil).

Goodman Property Trust's annual accounts payable & accrued expense increased from Mar. 2021 (NZ$25.4 Mil) to Mar. 2022 (NZ$32.8 Mil) and increased from Mar. 2022 (NZ$32.8 Mil) to Mar. 2023 (NZ$45.1 Mil).

Goodman Property Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Goodman Property Trust'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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Goodman Property Trust Accounts Payable & Accrued Expense Chart

Goodman Property Trust Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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47.60

29.60

25.40

32.80

45.10

Goodman Property Trust Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															18.50	32.80	-	45.10	-

Goodman Property Trust 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.

Goodman Property Trust (NZSE:GMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Goodman Property Trust (NZSE:GMT) » Definitions » Accounts Payable & Accrued Expense

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Address

The Hayesbery, 1-11 Hayes Road, Rosebery, Sydney, NSW, AUS, 2018

Website

https://www.goodman.com

Goodman Property Trust is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment strategy is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.

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