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ESR Group (ESR Group) Accounts Payable & Accrued Expense : $387.4 Mil (As of Dec. 2023)


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What is ESR Group Accounts Payable & Accrued Expense?

ESR Group's quarterly accounts payable & accrued expense declined from Dec. 2022 ($429.1 Mil) to Jun. 2023 ($382.6 Mil) but then increased from Jun. 2023 ($382.6 Mil) to Dec. 2023 ($387.4 Mil).

ESR Group's annual accounts payable & accrued expense increased from Dec. 2021 ($187.5 Mil) to Dec. 2022 ($429.1 Mil) but then declined from Dec. 2022 ($429.1 Mil) to Dec. 2023 ($387.4 Mil).


ESR Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for ESR Group'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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ESR Group Accounts Payable & Accrued Expense Chart

ESR Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 181.31 204.61 187.51 429.09 387.38

ESR Group Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 187.51 107.24 429.09 382.60 387.38

ESR Group 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.


ESR Group (ESR Group) Business Description

Industry
Traded in Other Exchanges
Address
Two Exchange Square, Suites 2905-06, 8 Connaught Place, Central, Hong Kong, HKG
ESR Group, or ESR, is one of the largest real asset managers in the Asia-Pacific, with USD 145 billion in total assets under management as of Dec. 31, 2022. Most of its earnings are derived from fund management, where it manages underlying assets in investment vehicles such as a fund or REIT for fee income and a share of profits. It also develops and holds investment properties on its balance sheet for rental income and capital appreciation and will divest them into its managed funds and REITs over time to unlock and recycle the capital into other investment opportunities. In addition, to align its interest with its capital partners, ESR coinvests in the funds and REITs that it manages where it generates dividend income, pro rata earnings and value appreciation.

ESR Group (ESR Group) Headlines

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