Construtora Tenda (BSP:TEND3) Accounts Payable & Accrued Expense : R$934 Mil (As of Dec. 2023)

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What is Construtora Tenda Accounts Payable & Accrued Expense?

Construtora Tenda's quarterly accounts payable & accrued expense declined from Jun. 2023 (R$844 Mil) to Sep. 2023 (R$346 Mil) but then increased from Sep. 2023 (R$346 Mil) to Dec. 2023 (R$934 Mil).

Construtora Tenda's annual accounts payable & accrued expense declined from Dec. 2021 (R$810 Mil) to Dec. 2022 (R$711 Mil) but then increased from Dec. 2022 (R$711 Mil) to Dec. 2023 (R$934 Mil).

Construtora Tenda Accounts Payable & Accrued Expense Historical Data

The historical data trend for Construtora Tenda'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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Construtora Tenda Accounts Payable & Accrued Expense Chart

Construtora Tenda Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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475.01

511.93

810.03

710.98

933.80

Construtora Tenda 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															757.98	844.19	345.96	933.80	-

Construtora Tenda 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.

Construtora Tenda (BSP:TEND3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Construtora Tenda SA (BSP:TEND3) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Rua Boa Vista, 280, Sao Paulo, SP, BRA, 01010-001

Website

https://www.tenda.com

Construtora Tenda SA is engaged in the performance of general construction works, real estate development, real estate purchase, and sale, the provision of general construction management services, the intermediation of the sale of consortium shares, and the holding of interests in other companies. The SPEs are exclusively engaged in real estate operations and are linked to specific projects. The company concentrates its activities in nine metropolitan regions of Brazil, uniquely operating within bracket 2 of the Casa Verde e Amarela federal government housing program. The company focuses on affordable housing which allows it to pursue scale gains and continuous improvement. It has a single SKU for no-elevator buildings.

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