Simon Property Group (LIM:SPG) Accounts Payable & Accrued Expense : $3,456 Mil (As of Dec. 2023)

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What is Simon Property Group Accounts Payable & Accrued Expense?

Simon Property Group's quarterly accounts payable & accrued expense increased from Jun. 2023 ($3,297 Mil) to Sep. 2023 ($3,388 Mil) and increased from Sep. 2023 ($3,388 Mil) to Dec. 2023 ($3,456 Mil).

Simon Property Group's annual accounts payable & accrued expense increased from Dec. 2021 ($3,008 Mil) to Dec. 2022 ($3,193 Mil) and increased from Dec. 2022 ($3,193 Mil) to Dec. 2023 ($3,456 Mil).

Simon Property Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Simon Property 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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Simon Property Group Accounts Payable & Accrued Expense Chart

Simon Property Group Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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2,956.98

3,376.24

3,007.79

3,193.41

3,456.01

Simon Property Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,193.41	3,057.75	3,296.69	3,387.86	3,456.01

Simon Property 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.

Simon Property Group (LIM:SPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Simon Property Group Inc (LIM:SPG) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

225 West Washington Street, Indianapolis, IN, USA, 46204

Website

https://www.simon.com

Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 231 properties: 136 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.