Growthpoint Properties Australia (ASX:GOZ) Accounts Payable & Accrued Expense : A$45.3 Mil (As of Dec. 2023)

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What is Growthpoint Properties Australia Accounts Payable & Accrued Expense?

Growthpoint Properties Australia's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$50.2 Mil) to Jun. 2023 (A$127.3 Mil) but then declined from Jun. 2023 (A$127.3 Mil) to Dec. 2023 (A$45.3 Mil).

Growthpoint Properties Australia's annual accounts payable & accrued expense increased from Jun. 2021 (A$112.2 Mil) to Jun. 2022 (A$126.4 Mil) and increased from Jun. 2022 (A$126.4 Mil) to Jun. 2023 (A$127.3 Mil).

Growthpoint Properties Australia Accounts Payable & Accrued Expense Historical Data

The historical data trend for Growthpoint Properties Australia'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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Growthpoint Properties Australia Accounts Payable & Accrued Expense Chart

Growthpoint Properties Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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134.53

108.50

112.20

126.40

127.30

Growthpoint Properties Australia 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															44.00	126.40	50.20	127.30	45.30

Growthpoint Properties Australia 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.

Growthpoint Properties Australia (ASX:GOZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Growthpoint Properties Australia (ASX:GOZ) » Definitions » Accounts Payable & Accrued Expense

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IVP1:Germany

Address

Level 18, 101 Collins Street, Melbourne, VIC, AUS, 3000

Website

https://www.growthpoint.com.au

Growthpoint Properties is an internally managed Australian REIT, with commercial property investments split circa 65/35 between Australian office and industrial assets. Historically the REIT did not undertake funds management activities but it purchased fund manager Fortius in September 2022. The REIT usually limits speculative property development, though it built an office development in suburban Melbourne. The asset was completely vacant on completion, but Growthpoint was able to attract tenants and it is now occupied.

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