PSP Swiss Property AG (PSP Swiss Property AG) Accounts Payable & Accrued Expense : $67.9 Mil (As of Mar. 2024)

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What is PSP Swiss Property AG Accounts Payable & Accrued Expense?

PSP Swiss Property AG's quarterly accounts payable & accrued expense increased from Sep. 2023 ($47.5 Mil) to Dec. 2023 ($54.1 Mil) and increased from Dec. 2023 ($54.1 Mil) to Mar. 2024 ($67.9 Mil).

PSP Swiss Property AG's annual accounts payable & accrued expense increased from Dec. 2021 ($16.6 Mil) to Dec. 2022 ($45.6 Mil) and increased from Dec. 2022 ($45.6 Mil) to Dec. 2023 ($54.1 Mil).

PSP Swiss Property AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for PSP Swiss Property AG'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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PSP Swiss Property AG Accounts Payable & Accrued Expense Chart

PSP Swiss Property AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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19.88

15.56

16.59

45.63

54.08

PSP Swiss Property AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															51.90	50.15	47.50	54.08	67.94

PSP Swiss Property AG 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.

PSP Swiss Property AG (PSP Swiss Property AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PSP Swiss Property AG (OTCPK:PSPSF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PSPSY:USA PSPNz:UK P7S0:Germany PSPN:Switzerland

Address

Kolinplatz 2, Zug, CHE, CH-6300

Website

http://www.psp.info

PSP Swiss Property AG is a general real estate company. The company reports three business units: real estate investments, property management, and holding. The vast majority of revenue is generated by rental income. All PSP property is located in Switzerland. The company considers merger and acquisition investment as a potential component of its operational growth strategy. The company's real estate investment segment invests exclusively in commercial properties, with leases primarily in office and retail property.