Innovative Industrial Properties (Innovative Industrial Properties) Accounts Payable & Accrued Expense : $72.82 Mil (As of Dec. 2023)

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What is Innovative Industrial Properties Accounts Payable & Accrued Expense?

Innovative Industrial Properties's quarterly accounts payable & accrued expense declined from Jun. 2023 ($81.00 Mil) to Sep. 2023 ($77.43 Mil) and declined from Sep. 2023 ($77.43 Mil) to Dec. 2023 ($72.82 Mil).

Innovative Industrial Properties's annual accounts payable & accrued expense declined from Dec. 2021 ($92.84 Mil) to Dec. 2022 ($90.83 Mil) and declined from Dec. 2022 ($90.83 Mil) to Dec. 2023 ($72.82 Mil).

Innovative Industrial Properties Accounts Payable & Accrued Expense Historical Data

The historical data trend for Innovative Industrial Properties'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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Innovative Industrial Properties Accounts Payable & Accrued Expense Chart

Innovative Industrial Properties Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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41.36

71.21

92.84

90.83

72.82

Innovative Industrial Properties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															90.83	93.54	81.00	77.43	72.82

Innovative Industrial Properties 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.

Innovative Industrial Properties (Innovative Industrial Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Innovative Industrial Properties Inc (NYSE:IIPRpA.PFD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

IIPR:USA 1IK:Germany

Address

1389 Center Drive, Suite 220, Park City, UT, USA, 84098

Website

https://www.innovativeindustrialproperties.com

Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.