Public Storage (Public Storage) Accounts Payable & Accrued Expense : $598.99 Mil (As of Dec. 2023)

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What is Public Storage Accounts Payable & Accrued Expense?

Public Storage's quarterly accounts payable & accrued expense increased from Jun. 2023 ($507.59 Mil) to Sep. 2023 ($644.24 Mil) but then declined from Sep. 2023 ($644.24 Mil) to Dec. 2023 ($598.99 Mil).

Public Storage's annual accounts payable & accrued expense increased from Dec. 2021 ($482.09 Mil) to Dec. 2022 ($514.68 Mil) and increased from Dec. 2022 ($514.68 Mil) to Dec. 2023 ($598.99 Mil).

Public Storage Accounts Payable & Accrued Expense Historical Data

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

Public Storage Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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383.28

394.66

482.09

514.68

598.99

Public Storage 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															514.68	470.40	507.59	644.24	598.99

Public Storage 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.

Public Storage (Public Storage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Public Storage (NYSE:PSApX.PFD) » Definitions » Accounts Payable & Accrued Expense

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Address

701 Western Avenue, Glendale, CA, USA, 91201-2349

Website

https://www.publicstorage.com

Public Storage is the largest owner of self-storage facilities in the U.S. with more than 2,880 self-storage facilities in 40 states and approximately 200 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.