Automotive Properties Real Estate Investment Trust (Automotive Properties Real Estate Investment Trust) Accounts Payable & Accrued Expense : $5.98 Mil (As of Mar. 2024)

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

Automotive Properties Real Estate Investment Trust's quarterly accounts payable & accrued expense increased from Sep. 2023 ($5.31 Mil) to Dec. 2023 ($5.94 Mil) and increased from Dec. 2023 ($5.94 Mil) to Mar. 2024 ($5.98 Mil).

Automotive Properties Real Estate Investment Trust's annual accounts payable & accrued expense increased from Dec. 2021 ($5.03 Mil) to Dec. 2022 ($5.46 Mil) and increased from Dec. 2022 ($5.46 Mil) to Dec. 2023 ($5.94 Mil).

Automotive Properties Real Estate Investment Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Automotive Properties 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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Automotive Properties Real Estate Investment Trust Accounts Payable & Accrued Expense Chart

Automotive Properties Real Estate Investment Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5.24

6.55

5.03

5.46

5.94

Automotive Properties Real Estate Investment Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6.05	5.55	5.31	5.94	5.98

Automotive Properties 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.

Automotive Properties Real Estate Investment Trust (Automotive Properties Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Automotive Properties Real Estate Investment Trust (OTCPK:APPTF) » Definitions » Accounts Payable & Accrued Expense

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APR.UN:Canada

Address

133 King Street East, Suite 300, Toronto, ON, CAN, M5C 1G6

Website

https://www.automotivepropertiesreit.ca

Automotive Properties Real Estate Investment Trust is an unincorporated open-ended real estate investment trust focused on investing in high-quality Canadian automotive properties tenanted by automotive dealership groups and automotive brands ranging from mass-market to ultra-luxury. The company holds a portfolio of best-in-class properties located in strategic Canadian urban markets across Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, and Quebec. The primary objectives of the REIT are to provide Unitholders with stable, sustainable and growing cash distributions, and to enhance and expand the REIT's asset portfolio in order to maximize Unitholder value.

Automotive Properties Real Estate Investment Trust (Automotive Properties Real Estate Investment Trust) Headlines

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