NIPPON REIT Investment (TSE:3296) Accounts Payable & Accrued Expense : 円1,227 Mil (As of Dec. 2023)

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What is NIPPON REIT Investment Accounts Payable & Accrued Expense?

NIPPON REIT Investment's quarterly accounts payable & accrued expense increased from Dec. 2022 (円0 Mil) to Jun. 2023 (円1,401 Mil) but then declined from Jun. 2023 (円1,401 Mil) to Dec. 2023 (円1,227 Mil).

NIPPON REIT Investment's annual accounts payable & accrued expense declined from Dec. 2021 (円1,262 Mil) to Dec. 2022 (円0 Mil) but then increased from Dec. 2022 (円0 Mil) to Dec. 2023 (円1,227 Mil).

NIPPON REIT Investment Accounts Payable & Accrued Expense Historical Data

The historical data trend for NIPPON REIT Investment'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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NIPPON REIT Investment Accounts Payable & Accrued Expense Chart

NIPPON REIT Investment Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,512.49

1,212.83

1,262.10

1,227.08

NIPPON REIT Investment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,262.10	768.68	-	1,400.76	1,227.08

NIPPON REIT Investment 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.

NIPPON REIT Investment (TSE:3296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NIPPON REIT Investment Corp (TSE:3296) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 17 No. 18 Shinkawa, Chuo-ku, Tokyo-chome, JPN

Website

http://www.nippon-reit.com

NIPPON REIT Investment Corp is engaged in the property leasing business. The company manages assets by investing the funds paid in by the unitholders primarily in real estate-related assets. The company develops a portfolio of properties focused on income growth and stability, aiming to maximize unitholder value.

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