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Safestore Holdings (STU:IHF) Accounts Payable & Accrued Expense : €21.9 Mil (As of Oct. 2023)


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What is Safestore Holdings Accounts Payable & Accrued Expense?

Safestore Holdings's quarterly accounts payable & accrued expense increased from Oct. 2022 (€22.9 Mil) to Apr. 2023 (€62.4 Mil) but then declined from Apr. 2023 (€62.4 Mil) to Oct. 2023 (€21.9 Mil).

Safestore Holdings's annual accounts payable & accrued expense declined from Oct. 2021 (€41.2 Mil) to Oct. 2022 (€22.9 Mil) and declined from Oct. 2022 (€22.9 Mil) to Oct. 2023 (€21.9 Mil).

Safestore Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Safestore Holdings'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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Safestore Holdings Accounts Payable & Accrued Expense Chart

Safestore Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.91 16.56 41.21 22.90 21.92

Safestore Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.21 80.50 22.90 62.35 21.92

Safestore Holdings 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.

Safestore Holdings (STU:IHF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Safestore Holdings PLC (STU:IHF) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
SFSHF:USA SAFEl:UK SAFE:UK IHF:Germany
Address
Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT
Website
https://www.safestore.co.uk
Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore's properties in the United Kingdom comprise the vast majority of its total holdings. The company derives the majority of its revenue from the rental of its self-storage lockers and the remaining from the sale of insurance and packaging materials. Southeast England and London account for the majority of Safestore's income. Total occupancy is split fairly evenly between individuals and businesses ranging from online retailers to large, multinational companies.