Sunstone Hotel Investors (Sunstone Hotel Investors) Accounts Payable & Accrued Expense : $86.04 Mil (As of Dec. 2023)

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What is Sunstone Hotel Investors Accounts Payable & Accrued Expense?

Sunstone Hotel Investors's quarterly accounts payable & accrued expense declined from Jun. 2023 ($96.54 Mil) to Sep. 2023 ($83.39 Mil) but then increased from Sep. 2023 ($83.39 Mil) to Dec. 2023 ($86.04 Mil).

Sunstone Hotel Investors's annual accounts payable & accrued expense increased from Dec. 2021 ($92.11 Mil) to Dec. 2022 ($96.23 Mil) but then declined from Dec. 2022 ($96.23 Mil) to Dec. 2023 ($86.04 Mil).

Sunstone Hotel Investors Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sunstone Hotel Investors'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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Sunstone Hotel Investors Accounts Payable & Accrued Expense Chart

Sunstone Hotel Investors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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220.82

73.14

92.11

96.23

86.04

Sunstone Hotel Investors 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															96.23	102.03	96.54	83.39	86.04

Sunstone Hotel Investors 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.

Sunstone Hotel Investors (Sunstone Hotel Investors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sunstone Hotel Investors Inc (NYSE:SHOpF.PFD) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SHO:USA

Address

15 Enterprise, Suite 200, Aliso Viejo, CA, USA, 92656

Website

https://www.sunstonehotels.com

Sunstone Hotel Investors Inc is a real estate investment trust that acquires, owns, manages, and renovates the full-service hotel and select-service hotel properties across various states in the United States. The firm's portfolio consists primarily of urban, upper-upscale hotels. The vast majority of these hotels are managed under Marriott, Hilton, Fairmont, and Sheraton brands. Regionally, the company's assets are located in its California, Other West, Midwest, and East geographical segments within the U.S. The majority of the company's revenue is derived from its Eastern operations, closely followed by its Californian operations. Sunstone's sole source of income is hotel revenue from its hotel ownership segment.