Cromwell Property Group (ASX:CMW) Accounts Payable & Accrued Expense : A$71.0 Mil (As of Dec. 2023)

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What is Cromwell Property Group Accounts Payable & Accrued Expense?

Cromwell Property Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$57.3 Mil) to Jun. 2023 (A$105.8 Mil) but then declined from Jun. 2023 (A$105.8 Mil) to Dec. 2023 (A$71.0 Mil).

Cromwell Property Group's annual accounts payable & accrued expense declined from Jun. 2021 (A$125.6 Mil) to Jun. 2022 (A$115.9 Mil) and declined from Jun. 2022 (A$115.9 Mil) to Jun. 2023 (A$105.8 Mil).

Cromwell Property Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cromwell Property Group'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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Cromwell Property Group Accounts Payable & Accrued Expense Chart

Cromwell Property Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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100.80

160.10

125.60

115.90

105.80

Cromwell Property Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															78.50	115.90	57.30	105.80	71.00

Cromwell Property Group 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.

Cromwell Property Group (ASX:CMW) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cromwell Property Group (ASX:CMW) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

C4Q:Germany

Address

200 Mary Street, Level 19, Brisbane, QLD, AUS, 4000

Website

https://www.cromwellpropertygroup.com

Cromwell Property Group is an internally managed Australian real estate investment trust. It owns an Australian portfolio of (mostly office) properties and also develops and manages properties on behalf of third-party investors. The group is exploring opportunities to sell some assets, and to spin out its office portfolio into a separate REIT, leaving the Cromwell business to focus more on funds management. The timetable is uncertain given high interest rates are a headwind for property sales and sentiment toward office stocks has been depressed since the rise of hybrid working.

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