US Residential Fund (ASX:USR) Accounts Payable & Accrued Expense : A$0.56 Mil (As of Dec. 2018)

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What is US Residential Fund Accounts Payable & Accrued Expense?

US Residential Fund's quarterly accounts payable & accrued expense declined from Dec. 2017 (A$0.67 Mil) to Jun. 2018 (A$0.22 Mil) but then increased from Jun. 2018 (A$0.22 Mil) to Dec. 2018 (A$0.56 Mil).

US Residential Fund's annual accounts payable & accrued expense declined from Dec. 2016 (A$0.90 Mil) to Dec. 2017 (A$0.67 Mil) and declined from Dec. 2017 (A$0.67 Mil) to Dec. 2018 (A$0.56 Mil).

US Residential Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for US Residential 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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US Residential Fund Accounts Payable & Accrued Expense Chart

US Residential Fund Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Accounts Payable & Accrued Expense

0.89

0.90

0.67

0.56

US Residential Fund Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.90	0.68	0.67	0.22	0.56

US Residential 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.

US Residential Fund (ASX:USR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » US Residential Fund (ASX:USR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 Sussex Street, Level 20, Tower 2, Darling Park, Sydney, NSW, AUS, 2000

Website

http://www.usresi.com

US Residential Fund is a real estate investment trust. The group operates in the United States residential property market. The investment objectives of the fund are expanding and diversifying in the US residential market through direct and indirect property investments, utilizing both debt and equity instruments to facilitate the transactions.

US Residential Fund (ASX:USR) Headlines

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