Tokyu Reit (TSE:8957) Accounts Payable & Accrued Expense : 円1,752 Mil (As of Jul. 2023)

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What is Tokyu Reit Accounts Payable & Accrued Expense?

Tokyu Reit's quarterly accounts payable & accrued expense declined from Jul. 2022 (円1,427 Mil) to Jan. 2023 (円1,263 Mil) but then increased from Jan. 2023 (円1,263 Mil) to Jul. 2023 (円1,752 Mil).

Tokyu Reit's annual accounts payable & accrued expense increased from Jul. 2021 (円1,251 Mil) to Jul. 2022 (円1,427 Mil) and increased from Jul. 2022 (円1,427 Mil) to Jul. 2023 (円1,752 Mil).

Tokyu Reit Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tokyu 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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Tokyu Reit Accounts Payable & Accrued Expense Chart

Tokyu Reit Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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1,178.28

1,277.15

1,250.67

1,427.31

1,752.48

Tokyu Reit Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,997.75	1,427.31	1,263.31	1,752.48	-

Tokyu 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.

Tokyu Reit (TSE:8957) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tokyu Reit Inc (TSE:8957) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

1-12-1, Dogenzaka, Tokyo, JPN

Website

http://www.tokyu-reit.co.jp

Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards. It also conducts replacement of properties and other measures as needed in order to maintain and improve the portfolio quality, aiming to enhance its asset value and increase net income per unit.

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