Tricon Residential (TSX:TCN) Accounts Payable & Accrued Expense : C$197 Mil (As of Dec. 2023)

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What is Tricon Residential Accounts Payable & Accrued Expense?

Tricon Residential's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$225 Mil) to Sep. 2023 (C$299 Mil) but then declined from Sep. 2023 (C$299 Mil) to Dec. 2023 (C$197 Mil).

Tricon Residential's annual accounts payable & accrued expense increased from Dec. 2021 (C$134 Mil) to Dec. 2022 (C$189 Mil) and increased from Dec. 2022 (C$189 Mil) to Dec. 2023 (C$197 Mil).

Tricon Residential Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tricon Residential'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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Tricon Residential Accounts Payable & Accrued Expense Chart

Tricon Residential Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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44.49

139.53

134.09

189.37

197.47

Tricon Residential Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															189.37	194.99	225.13	299.30	197.47

Tricon Residential 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.

Tricon Residential (TSX:TCN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tricon Residential Inc (TSX:TCN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TCN:USA 331:Germany

Address

7 St. Thomas Street, Suite 801, Toronto, ON, CAN, M5S 2B7

Website

https://www.triconresidential.com

Tricon Residential Inc is a rental housing company catering to the middle-market demographic throughout the United States and Canada. The company owns and manages approximately 36,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform.

Executives

Ira Gluskin

Director