Daiwa Office Investment (TSE:8976) Accounts Payable & Accrued Expense : 円2,139 Mil (As of Nov. 2023)

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What is Daiwa Office Investment Accounts Payable & Accrued Expense?

Daiwa Office Investment's quarterly accounts payable & accrued expense declined from Nov. 2022 (円2,273 Mil) to May. 2023 (円2,242 Mil) and declined from May. 2023 (円2,242 Mil) to Nov. 2023 (円2,139 Mil).

Daiwa Office Investment's annual accounts payable & accrued expense declined from Nov. 2020 (円2,659 Mil) to Nov. 2021 (円1,720 Mil) but then increased from Nov. 2021 (円1,720 Mil) to Nov. 2022 (円2,273 Mil).

Daiwa Office Investment Accounts Payable & Accrued Expense Historical Data

The historical data trend for Daiwa Office 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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Daiwa Office Investment Accounts Payable & Accrued Expense Chart

Daiwa Office Investment Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Accounts Payable & Accrued Expense

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1,962.52

1,605.49

2,659.11

1,720.19

2,272.54

Daiwa Office Investment Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,720.19	1,963.22	2,272.54	2,242.34	2,139.36

Daiwa Office 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.

Daiwa Office Investment (TSE:8976) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa Office Investment Corp (TSE:8976) » Definitions » Accounts Payable & Accrued Expense

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Address

6-2-1 Ginza, Chuo-ku, Tokyo, JPN

Website

https://www.daiwa-office.co.jp

Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

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