Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Accounts Payable & Accrued Expense : €0.71 Mil (As of Dec. 2023)

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What is Olimpo Real Estate Portugal SIGI Accounts Payable & Accrued Expense?

Olimpo Real Estate Portugal SIGI's quarterly accounts payable & accrued expense increased from Dec. 2022 (€0.98 Mil) to Jun. 2023 (€1.27 Mil) but then declined from Jun. 2023 (€1.27 Mil) to Dec. 2023 (€0.71 Mil).

Olimpo Real Estate Portugal SIGI's annual accounts payable & accrued expense increased from Dec. 2021 (€0.48 Mil) to Dec. 2022 (€0.98 Mil) but then declined from Dec. 2022 (€0.98 Mil) to Dec. 2023 (€0.71 Mil).

Olimpo Real Estate Portugal SIGI Accounts Payable & Accrued Expense Historical Data

The historical data trend for Olimpo Real Estate Portugal SIGI'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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Olimpo Real Estate Portugal SIGI Accounts Payable & Accrued Expense Chart

Olimpo Real Estate Portugal SIGI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.76

0.37

0.48

0.98

0.71

Olimpo Real Estate Portugal SIGI Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.48	0.55	0.98	1.27	0.71

Olimpo Real Estate Portugal SIGI 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.

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Olimpo Real Estate Portugal SIGI SA (XLIS:MLORE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lugar do Espido, Via Norte, Miaia, PRT, 4471-909

Website

https://www.ores-portugal.com

Olimpo Real Estate Portugal SIGI SA is a real estate investment and asset management company. The company's objectives are to acquire offices and commercial real estate assets with long-term growth potential in the Portuguese and Spanish markets.

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Headlines

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