Spear REIT (JSE:SEA) Accounts Payable & Accrued Expense : R38.1 Mil (As of Feb. 2024)

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What is Spear REIT Accounts Payable & Accrued Expense?

Spear REIT's quarterly accounts payable & accrued expense increased from Feb. 2023 (R30.2 Mil) to Aug. 2023 (R95.1 Mil) but then declined from Aug. 2023 (R95.1 Mil) to Feb. 2024 (R38.1 Mil).

Spear REIT's annual accounts payable & accrued expense increased from Feb. 2022 (R27.9 Mil) to Feb. 2023 (R30.2 Mil) and increased from Feb. 2023 (R30.2 Mil) to Feb. 2024 (R38.1 Mil).

Spear REIT Accounts Payable & Accrued Expense Historical Data

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

Spear REIT Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Accounts Payable & Accrued Expense

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31.93

45.33

27.90

30.25

38.06

Spear REIT Semi-Annual Data
	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										27.90	84.81	30.25	95.15	38.06

Spear 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.

Spear REIT Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Long Street, PO Box 50, 16th Floor, Cape Town, ZAF, 8001

Website

https://www.spearprop.co.za

Spear REIT Ltd is a real estate investment trust. The company is a diversified property investment company investing in real estate sectors including office, retail, industrial, residential, and hospitality. Its operating business segments are Industrial, Commercial, Retail, Hospitality, Residential, Development, and Non-property. The segments derive their revenue mainly from rental income from leases. The company derives maximum revenue from the Industrial segment.

Spear REIT Headlines

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