Abacus Storage King (ASX:ASK) Accounts Payable & Accrued Expense : A$67.29 Mil (As of Dec. 2023)

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What is Abacus Storage King Accounts Payable & Accrued Expense?

Abacus Storage King's quarterly accounts payable & accrued expense increased from Jun. 2022 (A$25.84 Mil) to Dec. 2022 (A$148.20 Mil) but then declined from Dec. 2022 (A$148.20 Mil) to Dec. 2023 (A$67.29 Mil).

Abacus Storage King's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2021 (A$16.95 Mil) and increased from Jun. 2021 (A$16.95 Mil) to Jun. 2022 (A$25.84 Mil).

Abacus Storage King Accounts Payable & Accrued Expense Historical Data

The historical data trend for Abacus Storage King'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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Abacus Storage King Accounts Payable & Accrued Expense Chart

Abacus Storage King Annual Data

Trend

Jun21

Jun22

Accounts Payable & Accrued Expense

16.95

25.84

Abacus Storage King Semi-Annual Data
	Jun21	Jun22	Dec22	Dec23
Accounts Payable & Accrued Expense	16.95	25.84	148.20	67.29

Abacus Storage King 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.

Abacus Storage King (ASX:ASK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Abacus Storage King (ASX:ASK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000

Website

https://www.abacusgroup.com.au

Abacus Storage King REIT is a self-storage REIT. It owns, operates, and manages a self-storage operating platform and an investment portfolio comprising self-storage properties and other investments across Australia and New Zealand.

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