Argosy Property (NZSE:ARG) Accounts Payable & Accrued Expense : NZ$14.4 Mil (As of Mar. 2024)

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What is Argosy Property Accounts Payable & Accrued Expense?

Argosy Property's quarterly accounts payable & accrued expense declined from Mar. 2023 (NZ$18.8 Mil) to Sep. 2023 (NZ$12.8 Mil) but then increased from Sep. 2023 (NZ$12.8 Mil) to Mar. 2024 (NZ$14.4 Mil).

Argosy Property's annual accounts payable & accrued expense declined from Mar. 2022 (NZ$22.0 Mil) to Mar. 2023 (NZ$18.8 Mil) and declined from Mar. 2023 (NZ$18.8 Mil) to Mar. 2024 (NZ$14.4 Mil).

Argosy Property Accounts Payable & Accrued Expense Historical Data

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

Argosy Property Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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15.33

14.00

22.00

18.80

14.45

Argosy Property Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															22.00	15.22	18.80	12.80	14.45

Argosy Property 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.

Argosy Property (NZSE:ARG) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Argosy Property Ltd (NZSE:ARG) » Definitions » Accounts Payable & Accrued Expense

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IGPYF:USA

Address

Victoria Street West, P.O. Box 90214, 39 Market Place, Auckland, NTL, NZL, 1142

Website

https://www.argosy.co.nz

Argosy Property Ltd's business activity is to invest in and actively manage properties throughout New Zealand. The company's portfolio is centred on the Auckland and Wellington markets and is diversified by industrial, office and Large format retail property segments. The company's industrial portfolio includes logistics warehouses, distribution centers, and other corporate or owner-operated businesses. Its office portfolio consists of house government departments and both local and international businesses. Its retail portfolio contains retail stores in large format, convenience centres, and entertainment venues.

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