Allied Properties Real Estate Investment Trust (FRA:5G8) Accounts Payable & Accrued Expense : €199.0 Mil (As of Sep. 2024)

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What is Allied Properties Real Estate Investment Trust Accounts Payable & Accrued Expense?

Allied Properties Real Estate Investment Trust's quarterly accounts payable & accrued expense declined from Mar. 2024 (€208.8 Mil) to Jun. 2024 (€208.3 Mil) and declined from Jun. 2024 (€208.3 Mil) to Sep. 2024 (€199.0 Mil).

Allied Properties Real Estate Investment Trust's annual accounts payable & accrued expense increased from Dec. 2021 (€153.5 Mil) to Dec. 2022 (€201.1 Mil) and increased from Dec. 2022 (€201.1 Mil) to Dec. 2023 (€269.7 Mil).

Allied Properties Real Estate Investment Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Allied Properties Real Estate Investment Trust'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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Allied Properties Real Estate Investment Trust Accounts Payable & Accrued Expense Chart

Allied Properties Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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125.63

130.32

153.47

201.05

269.74

Allied Properties Real Estate Investment Trust Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															198.09	269.74	208.82	208.27	198.95

Allied Properties Real Estate Investment Trust 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.

Allied Properties Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Allied Properties Real Estate Investment Trust (FRA:5G8) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

APYRF:USA 5G8:Germany AP.UN:Canada

Address

134 Peter Street, Suite 1700, Toronto, ON, CAN, M5V 2H2

Website

https://www.alliedreit.com

Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada's major cities. Most of the total square footage in the company's real estate portfolio is located in Toronto and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada. Allied Properties' major tenants include IT, banking, government, marketing, and telecommunications firms. The company also controls a number of telecommunications/IT and retail properties within its real estate portfolio.

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