Hankyu Hanshin REIT (TSE:8977) Accounts Payable & Accrued Expense : 円628 Mil (As of May. 2023)

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What is Hankyu Hanshin REIT Accounts Payable & Accrued Expense?

Hankyu Hanshin REIT's quarterly accounts payable & accrued expense declined from May. 2022 (円1,766 Mil) to Nov. 2022 (円872 Mil) and declined from Nov. 2022 (円872 Mil) to May. 2023 (円628 Mil).

Hankyu Hanshin REIT's annual accounts payable & accrued expense increased from Nov. 2020 (円868 Mil) to Nov. 2021 (円1,075 Mil) but then declined from Nov. 2021 (円1,075 Mil) to Nov. 2022 (円872 Mil).

Hankyu Hanshin REIT Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hankyu Hanshin 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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Hankyu Hanshin REIT Accounts Payable & Accrued Expense Chart

Hankyu Hanshin REIT Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Accounts Payable & Accrued Expense

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830.99

1,022.62

868.03

1,075.06

872.21

Hankyu Hanshin REIT Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,425.43	1,075.06	1,766.29	872.21	628.30

Hankyu Hanshin 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.

Hankyu Hanshin REIT (TSE:8977) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hankyu Hanshin REIT Inc (TSE:8977) » Definitions » Accounts Payable & Accrued Expense

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Address

19-19, Chayamachi, Kita-ku, Osaka, JPN, 530-0013

Website

https://www.hankyuhanshinreit.co.jp

Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.

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