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Corio NV (LTS:0LNK) Accounts Payable & Accrued Expense : €233.4 Mil (As of Dec. 2013)


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What is Corio NV Accounts Payable & Accrued Expense?

Corio NV's quarterly accounts payable & accrued expense declined from Dec. 2011 (€170.4 Mil) to Dec. 2012 (€166.1 Mil) but then increased from Dec. 2012 (€166.1 Mil) to Dec. 2013 (€233.4 Mil).

Corio NV's annual accounts payable & accrued expense declined from Dec. 2011 (€170.4 Mil) to Dec. 2012 (€166.1 Mil) but then increased from Dec. 2012 (€166.1 Mil) to Dec. 2013 (€233.4 Mil).


Corio NV Accounts Payable & Accrued Expense Historical Data

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

Corio NV Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.50 164.10 170.40 166.10 233.40

Corio NV Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.50 164.10 170.40 166.10 233.40

Corio NV 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.


Corio NV (LTS:0LNK) Business Description

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Corio NV was formed in 2000 by the merger between VIB and WBN. It is a retail property company engaged in developing, redeveloping and managing retail properties such as shops and shopping centers, offices and industrial centers in the Netherlands, France, Italy, Spain, Turkey and Germany. The Company has grown from a Dutch mixed retail fund to a pan-European real estate company with a clear focus on retail. The Company has a presence in the largest consumer markets in continental Europe, management is fully in-sourced and the business has a solid financial position. In the changing retail landscape the Company is now ready to enter the next phase and take advantage of future opportunities and dynamics in the industry. The Company has set up an internal platform, called LaunchLab, focused on helping the Company to innovate and execute the Favorite Meeting Place strategy. The programme aims to discover new strategic insights, as well as support innovative ideas to quickly move into action, boosting revenues from other income streams. The Company has six local organisations: Corio Nederland, Corio France, Corio Italia, Corio España, Corio Türkiye and Corio Deutschland. They are responsible for the daily management of Corio's real estate portfolio. Corio N.V. (the Management Board and its general staff) retains the checks and balances. The general staff reports directly to the Management Board of Corio N.V. The green brick is a reward for the sustainable real estate investor of the year.

Corio NV (LTS:0LNK) Headlines

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