Spirit MTA REIT (Spirit MTA REIT) Accounts Payable & Accrued Expense : $46.8 Mil (As of Jun. 2019)

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What is Spirit MTA REIT Accounts Payable & Accrued Expense?

Spirit MTA REIT's quarterly accounts payable & accrued expense declined from Dec. 2018 ($83.6 Mil) to Mar. 2019 ($37.4 Mil) but then increased from Mar. 2019 ($37.4 Mil) to Jun. 2019 ($46.8 Mil).

Spirit MTA REIT's annual accounts payable & accrued expense increased from Dec. 2016 ($12.0 Mil) to Dec. 2017 ($16.1 Mil) and increased from Dec. 2017 ($16.1 Mil) to Dec. 2018 ($83.6 Mil).

Spirit MTA REIT Accounts Payable & Accrued Expense Historical Data

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

Spirit MTA REIT Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Accounts Payable & Accrued Expense

12.04

16.06

83.63

Spirit MTA REIT Quarterly Data
	Dec15	Dec16	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						20.86	32.89	83.63	37.37	46.81

Spirit MTA 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.

Spirit MTA REIT (Spirit MTA REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Spirit MTA REIT (NYSE:SMTA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2727 North Harwood Street, Suite 300, Dallas, TX, USA, 75201

Website

http://www.spiritrealty.com

Executives

Richard J Stockton	director	14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Thomas J Sullivan	director	C/O SPIRIT REALTY CAPITAL INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Steven H Shepsman	director	1646 N. CALIFORNIA BOULEVARD, SUITE 500, WALNUT CREEK CA 94596
Steven G Panagos	director	C/O SPIRIT MTA REIT, 2727 NORTH HARWOOD STREET, SUITE 300, DALLAS TX 75201
Jackson Hsieh	director	2727 N HARWOOD STREET, SUITE 300, DALLAS TX 75201
Jay Young	officer: Secretary	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240

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