TAG Immobilien AG (HAM:TEG) Accounts Payable & Accrued Expense : €73 Mil (As of Mar. 2024)

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What is TAG Immobilien AG Accounts Payable & Accrued Expense?

TAG Immobilien AG's quarterly accounts payable & accrued expense increased from Sep. 2023 (€75 Mil) to Dec. 2023 (€96 Mil) but then declined from Dec. 2023 (€96 Mil) to Mar. 2024 (€73 Mil).

TAG Immobilien AG's annual accounts payable & accrued expense increased from Dec. 2021 (€80 Mil) to Dec. 2022 (€92 Mil) and increased from Dec. 2022 (€92 Mil) to Dec. 2023 (€96 Mil).

TAG Immobilien AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for TAG Immobilien AG'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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TAG Immobilien AG Accounts Payable & Accrued Expense Chart

TAG Immobilien AG Annual Data

Trend

Dec14

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Dec22

Dec23

Accounts Payable & Accrued Expense

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40.85

61.53

79.65

92.10

95.91

TAG Immobilien AG 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															75.17	93.78	74.76	95.91	73.31

TAG Immobilien AG 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.

TAG Immobilien AG (HAM:TEG) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TAG Immobilien AG (HAM:TEG) » Definitions » Accounts Payable & Accrued Expense

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TAGOF:USA TEGd:UK 0JK4:UK TEG:Germany TEG:Austria

Address

Steckelhorn 5, Hamburg, DEU, 20457

Website

https://www.tag-ag.com

TAG Immobilien AG is a general real estate company that operates in Germany. The company reports multiple business segments based on location. The company's revenue sources are largely split between its top regions, while its Berlin operations slightly outweigh the others. Tag rents and manages residential properties, as well as commercial real estate properties and boarding houses. The company focuses on regions characterized by improving quality of life while considering acquisition activity as a component of its operational growth strategy.

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