S IMMO AG (XTER:T1L) Accounts Payable & Accrued Expense : €65.5 Mil (As of Mar. 2024)

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What is S IMMO AG Accounts Payable & Accrued Expense?

S IMMO AG's quarterly accounts payable & accrued expense increased from Sep. 2023 (€46.1 Mil) to Dec. 2023 (€72.1 Mil) but then declined from Dec. 2023 (€72.1 Mil) to Mar. 2024 (€65.5 Mil).

S IMMO AG's annual accounts payable & accrued expense increased from Dec. 2021 (€11.7 Mil) to Dec. 2022 (€20.1 Mil) and increased from Dec. 2022 (€20.1 Mil) to Dec. 2023 (€72.1 Mil).

S IMMO AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for S IMMO AG'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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S IMMO AG Accounts Payable & Accrued Expense Chart

S IMMO AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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7.16

6.00

11.74

20.11

72.06

S IMMO AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															35.66	42.50	46.14	72.06	65.51

S IMMO AG 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.

S IMMO AG (XTER:T1L) Business Description

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0MJ9:UK SPI:Austria

Address

Friedrichstrasse 10, 5th floor, Vienna, AUT, 1010

Website

https://www.simmoag.at

S IMMO AG is a real estate investment company. It manages property investments by developing, buying, letting, operating, renovating, and selling properties in Austria, Germany, Czechia, Hungary, Slovakia, Bulgaria, Romania, and Croatia. The firm's activities include property project development, the operation of hotels and shopping centers, and also revitalization and renovation of standing properties and asset management. Its property portfolio consists of offices, shopping centers, and hotels. The company derives a majority of its revenues from rental income.

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