Newmark Property REIT (ASX:NPR) Accounts Payable & Accrued Expense : A$1.95 Mil (As of Dec. 2023)

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What is Newmark Property REIT Accounts Payable & Accrued Expense?

Newmark Property REIT's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$2.57 Mil) to Jun. 2023 (A$7.96 Mil) but then declined from Jun. 2023 (A$7.96 Mil) to Dec. 2023 (A$1.95 Mil).

Newmark Property REIT's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$6.07 Mil) and increased from Jun. 2022 (A$6.07 Mil) to Jun. 2023 (A$7.96 Mil).

Newmark Property REIT Accounts Payable & Accrued Expense Historical Data

The historical data trend for Newmark Property REIT'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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Newmark Property REIT Accounts Payable & Accrued Expense Chart

Newmark Property REIT Annual Data

Trend

Jun22

Jun23

Accounts Payable & Accrued Expense

6.07

7.96

Newmark Property REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	3.21	6.07	2.57	7.96	1.95

Newmark Property REIT 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.

Newmark Property REIT (ASX:NPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Newmark Property REIT (ASX:NPR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

644 Chapel Street, Como Centre, Level 17, South Yarra, Yarra, VIC, AUS, 3141

Website

https://www.newmarkcapital.com.au

Newmark Property REIT is a real estate investment trust. It offers investors access to Australian hardware and large-format retail properties. The group receives the majority of its revenue through rental income.

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