Inovalis Real Estate Investment Trust (TSX:INO.UN) Accounts Payable & Accrued Expense : C$9.53 Mil (As of Dec. 2023)

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What is Inovalis Real Estate Investment Trust Accounts Payable & Accrued Expense?

Inovalis Real Estate Investment Trust's quarterly accounts payable & accrued expense declined from Jun. 2023 (C$13.32 Mil) to Sep. 2023 (C$13.18 Mil) and declined from Sep. 2023 (C$13.18 Mil) to Dec. 2023 (C$9.53 Mil).

Inovalis Real Estate Investment Trust's annual accounts payable & accrued expense increased from Dec. 2021 (C$13.42 Mil) to Dec. 2022 (C$20.48 Mil) but then declined from Dec. 2022 (C$20.48 Mil) to Dec. 2023 (C$9.53 Mil).

Inovalis Real Estate Investment Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Inovalis Real Estate Investment Trust'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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Inovalis Real Estate Investment Trust Accounts Payable & Accrued Expense Chart

Inovalis Real Estate Investment Trust Annual Data

Trend

Dec14

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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34.34

15.12

13.42

20.48

9.53

Inovalis Real Estate Investment Trust 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															20.48	15.76	13.32	13.18	9.53

Inovalis Real Estate Investment Trust 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.

Inovalis Real Estate Investment Trust (TSX:INO.UN) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Inovalis Real Estate Investment Trust (TSX:INO.UN) » Definitions » Accounts Payable & Accrued Expense

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IVREF:USA

Address

151 Yonge Street, 11th Floor, Toronto, ON, CAN, M5C 2W7

Website

https://www.inovalisreit.com

Inovalis Real Estate Investment Trust is a Canada based open-ended real estate investment trust. The REIT Properties consist of office properties that are used for the rental of office space leased to corporate clients in urban areas. Its properties portfolio includes office rental properties located in France and Germany. The majority of its revenue is generated from rental income in France. The REIT operates a portfolio of investment properties located in France, Germany and Spain.

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