Novavest Real Estate AG (XSWX:NREN) Accounts Payable & Accrued Expense : CHF3.31 Mil (As of Dec. 2023)

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What is Novavest Real Estate AG Accounts Payable & Accrued Expense?

Novavest Real Estate AG's quarterly accounts payable & accrued expense declined from Dec. 2022 (CHF2.15 Mil) to Jun. 2023 (CHF1.65 Mil) but then increased from Jun. 2023 (CHF1.65 Mil) to Dec. 2023 (CHF3.31 Mil).

Novavest Real Estate AG's annual accounts payable & accrued expense declined from Dec. 2021 (CHF3.83 Mil) to Dec. 2022 (CHF2.15 Mil) but then increased from Dec. 2022 (CHF2.15 Mil) to Dec. 2023 (CHF3.31 Mil).

Novavest Real Estate AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Novavest Real Estate AG'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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Novavest Real Estate AG Accounts Payable & Accrued Expense Chart

Novavest Real Estate AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.24

0.49

3.83

2.15

3.31

Novavest Real Estate AG Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													3.83	1.78	2.15	1.65	3.31

Novavest Real Estate AG 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.

Novavest Real Estate AG (XSWX:NREN) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Novavest Real Estate AG (XSWX:NREN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

NRENz:UK

Address

Feldeggstrasse 26, Zurich, CHE, 8008

Website

https://www.novavest.ch

Novavest Real Estate AG is a Swiss real estate company. It is engaged in construction, acquisition, sale, holding, conversion and management of all types of real estate in theSwitzerland. The company manages and develops properties for residential use, office and commercial use as well as on new construction projects.

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