alstria office REIT-AG (XTER:AOX) Accounts Payable & Accrued Expense : €10.3 Mil (As of Dec. 2023)

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What is alstria office REIT-AG Accounts Payable & Accrued Expense?

alstria office REIT-AG's quarterly accounts payable & accrued expense declined from Jun. 2023 (€7.5 Mil) to Sep. 2023 (€6.9 Mil) but then increased from Sep. 2023 (€6.9 Mil) to Dec. 2023 (€10.3 Mil).

alstria office REIT-AG's annual accounts payable & accrued expense declined from Dec. 2021 (€11.4 Mil) to Dec. 2022 (€9.0 Mil) but then increased from Dec. 2022 (€9.0 Mil) to Dec. 2023 (€10.3 Mil).

alstria office REIT-AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for alstria office REIT-AG'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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alstria office REIT-AG Accounts Payable & Accrued Expense Chart

alstria office REIT-AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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12.91

13.13

11.36

9.02

10.33

alstria office REIT-AG 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															9.02	7.40	7.51	6.85	10.33

alstria office REIT-AG 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.

alstria office REIT-AG (XTER:AOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » alstria office REIT-AG (XTER:AOX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ALSRF:USA 0O9Q:UK AOX:Austria

Address

Steinstrasse 7, Hamburg, DEU, 20095

Website

https://www.alstria.com

alstria office REIT-AG is a real estate investment trust engaged in the acquisition, management, refurbishment, and sale of office properties throughout Germany. The vast majority of the company's real estate portfolio is dispersed between the German regions of Rhine-Ruhr, Hamburg, Rhine-Main, and Stuttgart. The company derives nearly all of its revenue in the form of rental income from the leasing of its properties. alstria's largest tenants in terms of annual rental revenue include a variety of local government, automotive, telecommunications, and insurance entities. it focuses on a small number of large tenants that account for the majority of its rental income.

Executives

Olivier Elamine

Board of Directors

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