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RAM Essential Services Property Fund (ASX:REP) Accounts Payable & Accrued Expense : A$13.21 Mil (As of Dec. 2023)


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What is RAM Essential Services Property Fund Accounts Payable & Accrued Expense?

RAM Essential Services Property Fund's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$16.75 Mil) to Jun. 2023 (A$11.60 Mil) but then increased from Jun. 2023 (A$11.60 Mil) to Dec. 2023 (A$13.21 Mil).

RAM Essential Services Property Fund's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$23.99 Mil) but then declined from Jun. 2022 (A$23.99 Mil) to Jun. 2023 (A$11.60 Mil).

RAM Essential Services Property Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for RAM Essential Services Property Fund'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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RAM Essential Services Property Fund Accounts Payable & Accrued Expense Chart

RAM Essential Services Property Fund Annual Data
Trend Jun22 Jun23
Accounts Payable & Accrued Expense
23.99 11.60

RAM Essential Services Property Fund Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense 25.78 23.99 16.75 11.60 13.21

RAM Essential Services Property Fund 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.

RAM Essential Services Property Fund (ASX:REP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RAM Essential Services Property Fund (ASX:REP) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Australia Square 264 George Street, Suite 3201, Level 32, Sydney, NSW, AUS, 2000
Website
https://www.ramgroup.com
RAM Essential Services Property Fund invests in high-quality Australian medical and essential retail real estate assets, leased to essential services tenants. Its objective is to provide investors with stable and secure income with the potential for both income and capital growth through exposure to high quality, defensive portfolio of assets with favourable sector trends.

RAM Essential Services Property Fund (ASX:REP) Headlines

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