Global Medical REIT (FRA:3UN) Accounts Payable & Accrued Expense : €24.5 Mil (As of Mar. 2024)

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What is Global Medical REIT Accounts Payable & Accrued Expense?

Global Medical REIT's quarterly accounts payable & accrued expense declined from Sep. 2023 (€27.5 Mil) to Dec. 2023 (€26.5 Mil) and declined from Dec. 2023 (€26.5 Mil) to Mar. 2024 (€24.5 Mil).

Global Medical REIT's annual accounts payable & accrued expense increased from Dec. 2021 (€23.0 Mil) to Dec. 2022 (€28.0 Mil) but then declined from Dec. 2022 (€28.0 Mil) to Dec. 2023 (€26.5 Mil).

Global Medical REIT Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global Medical 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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Global Medical REIT Accounts Payable & Accrued Expense Chart

Global Medical REIT Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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16.03

16.23

23.02

27.98

26.52

Global Medical REIT 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															26.58	29.08	27.51	26.52	24.54

Global Medical 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.

Global Medical REIT (FRA:3UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Global Medical REIT Inc (FRA:3UN) » Definitions » Accounts Payable & Accrued Expense

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UHT DHC CHTH CHCT HLTC AHTR NHHS CVMCA STRW LTC WELL VTR PEAK OHI HR SBRA MPW DOC XBRU:AED NHI

Traded in Other Exchanges

GMREpA.PFD:USA GMRE:USA 3UN:Germany

Address

7373 Wisconsin Avenue, Suite 800, Bethesda, MD, USA, 20814

Website

https://www.globalmedicalreit.com

Global Medical REIT Inc is a Maryland corporation engaged primarily in the acquisition of purpose-built healthcare facilities and the leasing of those facilities to strong healthcare systems and physician groups. Its healthcare facilities are located in secondary markets and suburbs of primary markets and are typically leased to single-tenants under triple-net leases. Its tenants are physician groups, regional or national healthcare systems or combinations thereof. The company's principal business objective is to provide attractive, risk-adjusted returns to its stockholders through a combination of reliable dividends and long-term capital appreciation.

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