Gateway Real Estate AG (XTER:GTY) Accounts Payable & Accrued Expense : €150.00 Mil (As of Sep. 2023)

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

Gateway Real Estate AG's quarterly accounts payable & accrued expense declined from Mar. 2023 (€156.35 Mil) to Jun. 2023 (€155.46 Mil) and declined from Jun. 2023 (€155.46 Mil) to Sep. 2023 (€150.00 Mil).

Gateway Real Estate AG's annual accounts payable & accrued expense increased from Dec. 2020 (€78.84 Mil) to Dec. 2021 (€168.62 Mil) but then declined from Dec. 2021 (€168.62 Mil) to Dec. 2022 (€160.35 Mil).

Gateway Real Estate AG Accounts Payable & Accrued Expense Historical Data

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

Gateway Real Estate AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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15.32

71.95

78.84

168.62

160.35

Gateway Real Estate AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															153.07	160.35	156.35	155.46	150.00

Gateway 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.

Gateway Real Estate AG (XTER:GTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Gateway Real Estate AG (XTER:GTY) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

GTY:Germany GTY:Germany

Address

Hardenbergstr. 28a, Berlin, BB, DEU, 10623

Website

https://www.gateway-re.de

Gateway Real Estate AG is a developer of commercial and residential real estate properties in Germany. The company's operating segment includes Standing Assets; Commercial Properties Development; and Residential Properties Development. Its property portfolio consists of Commercial and Residential Properties, Offices, Hotels, Shopping Centers, Office Refurbishments, and Parking Spaces. Geographically, the company conducts all its business activities in Germany.