Clipper Realty (NYSE:CLPR) Accounts Payable & Accrued Expense

: $13.9 Mil (As of Mar. 2023)

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Clipper Realty's quarterly accounts payable & accrued expense increased from Sep. 2022 ($13.6 Mil) to Dec. 2022 ($17.1 Mil) but then declined from Dec. 2022 ($17.1 Mil) to Mar. 2023 ($13.9 Mil).

Clipper Realty's annual accounts payable & accrued expense increased from Dec. 2020 ($11.7 Mil) to Dec. 2021 ($19.6 Mil) but then declined from Dec. 2021 ($19.6 Mil) to Dec. 2022 ($17.1 Mil).

Clipper Realty Accounts Payable & Accrued Expense Historical Data

The historical data trend for Clipper Realty'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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Clipper Realty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

12.55

13.03

11.73

19.56

17.09

Clipper Realty Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Accounts Payable & Accrued Expense																17.23	17.64	13.65	17.09	13.94

Clipper Realty 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.

Clipper Realty (NYSE:CLPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Clipper Realty Inc (NYSE:CLPR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

4611 12th Avenue, Suite 1L, Brooklyn, NY, USA, 11219

Website

https://www.clipperrealty.com

Clipper Realty Inc is a self-administered and self-managed real estate company. It acquires, owns, manages, operates and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. It has classified its reporting segments into commercial and residential rental properties. Clipper derives its revenue mostly from a Residential segment.

Executives

Michael Charles Frenz	officer: Chief Financial Officer	C/O CLIPPER REALTY INC, 4611 12TH AVENUE, SUITE 1L, BROOKLYN NY 11219
Howard M Lorber	director	4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Roberto Angelo Verrone	director	200 HIGHLAND AVENUE, SHORT HILLS NJ 07078
Robert Jay Ivanhoe	director	GREENBERG TRAURIG, LLP, 200 PARK AVENUE, NEW YORK NY 10166
Richard N Burger	director	P.O. BOX 28543, SCOTTSDALE AZ 85255
Harmon Spolan	director	OOZEN O CONNOR, 1900 MARKET ST 4TH FL, PHILADELPHIA PA 19103
Lawrence E Kreider	officer: Chief Financial Officer	600 GRANT STREET, SUITE 900, DENVER CO 80203
Sam Levinson	director, 10 percent owner	9190 PRIORITY WAY WEST DRIVE, SUITE 300, INDIANAPOLIS IN 46240
David Bistricer	director, 10 percent owner, officer: Co-Chairman and CEO	PO BOX 407, BROOKLIN NY 11219
Jacob Bistricer	officer: Chief Operating Officer	4611 12TH AVENUE, SUITE 1L, BROOKLYN NY 11219
Jacob Schwimmer	officer: Chief PM Offcier	1738 47TH STREET, BROOKLYN NY 11204