Arena REIT (ASX:ARF) Accounts Payable & Accrued Expense : A$20.98 Mil (As of Dec. 2023)

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What is Arena REIT Accounts Payable & Accrued Expense?

Arena REIT's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$17.78 Mil) to Jun. 2023 (A$27.31 Mil) but then declined from Jun. 2023 (A$27.31 Mil) to Dec. 2023 (A$20.98 Mil).

Arena REIT's annual accounts payable & accrued expense declined from Jun. 2021 (A$25.60 Mil) to Jun. 2022 (A$25.49 Mil) but then increased from Jun. 2022 (A$25.49 Mil) to Jun. 2023 (A$27.31 Mil).

Arena REIT Accounts Payable & Accrued Expense Historical Data

The historical data trend for Arena REIT'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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Arena REIT Accounts Payable & Accrued Expense Chart

Arena REIT Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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18.20

33.13

25.60

25.49

27.31

Arena REIT Semi-Annual Data
	Jun14	Dec14	Jun15	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															14.90	25.49	17.78	27.31	20.98

Arena REIT 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.

Arena REIT (ASX:ARF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Arena REIT (ASX:ARF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Exhibition Street, Level 32, Melbourne, VIC, AUS, 3000

Website

https://www.arena.com.au

Arena REIT is a childcare centre-focused real estate investment trust, or REIT, in Australia. The trust owns a portfolio of more than 230 long day care centres in Australia which provide preschool care for children aged from 0 to 5 years. Arena also owns 10 healthcare centres but childcare comprises majority of its portfolio based on property value. The Australian childcare and healthcare sectors both receive a significant amount of government funding which they expect to continue due to the essential nature of the services they provide.

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