Heriot REIT (JSE:HET) Accounts Payable & Accrued Expense : R133.0 Mil (As of Dec. 2023)

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What is Heriot REIT Accounts Payable & Accrued Expense?

Heriot REIT's quarterly accounts payable & accrued expense declined from Dec. 2022 (R120.5 Mil) to Jun. 2023 (R55.7 Mil) but then increased from Jun. 2023 (R55.7 Mil) to Dec. 2023 (R133.0 Mil).

Heriot REIT's annual accounts payable & accrued expense increased from Jun. 2021 (R28.4 Mil) to Jun. 2022 (R38.4 Mil) and increased from Jun. 2022 (R38.4 Mil) to Jun. 2023 (R55.7 Mil).

Heriot REIT Accounts Payable & Accrued Expense Historical Data

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

Heriot REIT Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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21.35

20.42

28.44

38.36

55.69

Heriot REIT Semi-Annual Data
	Nov17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							92.10	38.36	120.45	55.69	133.01

Heriot 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.

Heriot REIT (JSE:HET) Business Description

Industry

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

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Traded in Other Exchanges

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Address

3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196

Website

http://www.heriotreit.com

Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.

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