Reven Housing REIT (Reven Housing REIT) Accounts Payable & Accrued Expense : $2.09 Mil (As of Jun. 2019)

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What is Reven Housing REIT Accounts Payable & Accrued Expense?

Reven Housing REIT's quarterly accounts payable & accrued expense declined from Dec. 2018 ($1.07 Mil) to Mar. 2019 ($0.71 Mil) but then increased from Mar. 2019 ($0.71 Mil) to Jun. 2019 ($2.09 Mil).

Reven Housing REIT's annual accounts payable & accrued expense increased from Dec. 2016 ($0.98 Mil) to Dec. 2017 ($1.04 Mil) and increased from Dec. 2017 ($1.04 Mil) to Dec. 2018 ($1.07 Mil).

Reven Housing REIT Accounts Payable & Accrued Expense Historical Data

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

Reven Housing REIT Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Accounts Payable & Accrued Expense

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0.72

0.80

0.98

1.04

1.07

Reven Housing REIT Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.91	1.07	1.07	0.71	2.09

Reven Housing 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.

Reven Housing REIT (Reven Housing REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Reven Housing REIT Inc (NAS:RVEN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

875 Prospect Street, Suite 304, La Jolla, CA, USA, 92037

Website

http://www.revenhousingreit.com

Reven Housing REIT Inc is a US-based company which engaged in the acquisition, ownership, and operation of portfolios of leased single-family homes (SFRs) in the United States. It operates its portfolio properties as single-family rentals generate revenues from rental income from the existing tenants of the SFRs acquired. The company owns nearly 600 single-family homes in the Houston, Jacksonville, Memphis and Atlanta metropolitan areas. Reven operates through the single segment of business being Operation of leased single-family homes. It earns the majority of its revenue from the United States.

Reven Housing REIT (Reven Housing REIT) Headlines

From GuruFocus

Reven Housing REIT, Inc. Declares Second Quarter 2019 Dividend

By PRNewswire PRNewswire • 04-17-2019

Reven Housing REIT, Inc. Announces Offering of 6.0% Series A Cumulative Convertible Redeemable Preferred Stock

By PRNewswire PRNewswire • 10-23-2019

KBS Strategic Opportunity REIT, Inc. to Acquire Reven Housing REIT, Inc. for $56.85 Million in Equity Value

By PRNewswire PRNewswire • 08-31-2019