New Frontier Properties (JSE:NFP) Accounts Payable & Accrued Expense : R41.3 Mil (As of May. 2020)

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What is New Frontier Properties Accounts Payable & Accrued Expense?

New Frontier Properties's quarterly accounts payable & accrued expense increased from Nov. 2019 (R56.1 Mil) to Feb. 2020 (R73.5 Mil) but then declined from Feb. 2020 (R73.5 Mil) to May. 2020 (R41.3 Mil).

New Frontier Properties's annual accounts payable & accrued expense increased from Aug. 2017 (R34.4 Mil) to Aug. 2018 (R35.1 Mil) but then declined from Aug. 2018 (R35.1 Mil) to Aug. 2019 (R34.8 Mil).

New Frontier Properties Accounts Payable & Accrued Expense Historical Data

The historical data trend for New Frontier 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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New Frontier Properties Accounts Payable & Accrued Expense Chart

New Frontier Properties Annual Data

Trend

Dec14

Aug16

Aug17

Aug18

Aug19

Accounts Payable & Accrued Expense

3.10

86.64

34.36

35.09

34.76

New Frontier Properties Quarterly Data
	May15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															103.59	34.76	56.14	73.49	41.33

New Frontier 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.

New Frontier Properties (JSE:NFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New Frontier Properties Ltd (JSE:NFP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

B45 Twenty Foot Road, 5th Floor, La Croisette, Grand Baie, MUS

Website

http://newfrontierprop.com

New Frontier Properties Ltd operates as a UK real estate investment trust. The company's primary objective is to acquire and develop good quality, income-generating retail and logistics property in the UK and Europe. Its investment portfolio comprises UK shopping centers, Cleveland Centre in Middlesbrough, Coopers Square in Burton upon Trent, and Houndshill Shopping Centre in Blackpool.

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