Prodea Real Estate Investment Co (ATH:PRODEA) Accounts Payable & Accrued Expense : €51.7 Mil (As of Dec. 2023)

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What is Prodea Real Estate Investment Co Accounts Payable & Accrued Expense?

Prodea Real Estate Investment Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (€67.4 Mil) to Jun. 2023 (€48.6 Mil) but then increased from Jun. 2023 (€48.6 Mil) to Dec. 2023 (€51.7 Mil).

Prodea Real Estate Investment Co's annual accounts payable & accrued expense increased from Dec. 2021 (€51.7 Mil) to Dec. 2022 (€67.4 Mil) but then declined from Dec. 2022 (€67.4 Mil) to Dec. 2023 (€51.7 Mil).

Prodea Real Estate Investment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Prodea Real Estate Investment Co'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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Prodea Real Estate Investment Co Accounts Payable & Accrued Expense Chart

Prodea Real Estate Investment Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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35.22

26.09

51.66

67.40

51.74

Prodea Real Estate Investment Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															54.74	44.87	67.40	48.55	51.74

Prodea Real Estate Investment Co 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.

Prodea Real Estate Investment Co (ATH:PRODEA) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Prodea Real Estate Investment Co SA (ATH:PRODEA) » Definitions » Accounts Payable & Accrued Expense

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Address

Chrisospiliotissis 9 street, Athens, GRC, 10562

Website

https://www.prodea.gr

Prodea Real Estate Investment Co SA is a Greek Real Estate Investment trust. The Company's Business Segments include Retail/big boxes, Bank Branches, Offices and Other (including logistics, hotels, archives, petrol stations, parking spaces, land plots, residential properties and other properties with special use). The Geographical Segments of the company include 1) Greece, 2) Italy, 3) Cyprus and 4) Other countries.

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