Fairvest (JSE:FTB) Accounts Payable & Accrued Expense : R395 Mil (As of Sep. 2023)

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What is Fairvest Accounts Payable & Accrued Expense?

Fairvest's quarterly accounts payable & accrued expense increased from Jun. 2021 (R84 Mil) to Mar. 2023 (R580 Mil) but then declined from Mar. 2023 (R580 Mil) to Sep. 2023 (R395 Mil).

Fairvest's annual accounts payable & accrued expense increased from . 20 (R0 Mil) to Jun. 2021 (R84 Mil) and increased from Jun. 2021 (R84 Mil) to Sep. 2023 (R395 Mil).

Fairvest Accounts Payable & Accrued Expense Historical Data

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

Fairvest Annual Data

Trend

Jun21

Sep23

Accounts Payable & Accrued Expense

83.54

395.01

Fairvest Semi-Annual Data
	Jun21	Mar23	Sep23
Accounts Payable & Accrued Expense	83.54	579.74	395.01

Fairvest 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.

Fairvest (JSE:FTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fairvest Ltd (JSE:FTB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

FTA:South Africa 2T20:Germany

Address

34 Bree Street, 8th Floor, The Terraces, Cape Town, WC, ZAF, 8001

Website

https://www.fairvest.co.za

Fairvest Ltd is a real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

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