Fairvest (JSE:FTB) Accounts Payable & Accrued Expense : R371 Mil (As of Sep. 2024)

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What is Fairvest Accounts Payable & Accrued Expense?

Fairvest's quarterly accounts payable & accrued expense increased from Sep. 2023 (R294 Mil) to Mar. 2024 (R516 Mil) but then declined from Mar. 2024 (R516 Mil) to Sep. 2024 (R371 Mil).

Fairvest's annual accounts payable & accrued expense increased from Jun. 2021 (R31 Mil) to Sep. 2023 (R294 Mil) and increased from Sep. 2023 (R294 Mil) to Sep. 2024 (R371 Mil).

Fairvest Accounts Payable & Accrued Expense Historical Data

The historical data trend for Fairvest'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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Fairvest Accounts Payable & Accrued Expense Chart

Fairvest Annual Data

Trend

Jun21

Sep23

Sep24

Accounts Payable & Accrued Expense

30.79

293.81

370.56

Fairvest Semi-Annual Data
	Jun21	Mar23	Sep23	Mar24	Sep24
Accounts Payable & Accrued Expense	30.79	579.74	293.81	516.01	370.56

Fairvest 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.

Fairvest Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fairvest Ltd (JSE:FTB) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

FTA:South Africa

Address

1 Sturdee Avenue, Rosebank, 3rd Floor, Upper Building, Johannesburg, GT, ZAF, 2196

Website

https://www.fairvest.co.za

Fairvest Ltd is a diversified real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has three operating segments Office, Industrial and Retail. The majority is from the Retail segment. Geographically, it is located in South Africa but its geographic segments ranges in Gauteng, Western Cape, KwaZuluNatal, Eastern Cape, Limpopo, Mpumalanga, North West Northern Cape,Free State and Other. The key revenue here is observed in the western cape region.

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