Apple Hospitality REIT (FRA:48T) Accounts Payable & Accrued Expense : €79 Mil (As of Mar. 2024)

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What is Apple Hospitality REIT Accounts Payable & Accrued Expense?

Apple Hospitality REIT's quarterly accounts payable & accrued expense increased from Sep. 2023 (€98 Mil) to Dec. 2023 (€119 Mil) but then declined from Dec. 2023 (€119 Mil) to Mar. 2024 (€79 Mil).

Apple Hospitality REIT's annual accounts payable & accrued expense increased from Dec. 2021 (€82 Mil) to Dec. 2022 (€110 Mil) and increased from Dec. 2022 (€110 Mil) to Dec. 2023 (€119 Mil).

Apple Hospitality REIT Accounts Payable & Accrued Expense Historical Data

The historical data trend for Apple Hospitality REIT'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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Apple Hospitality REIT Accounts Payable & Accrued Expense Chart

Apple Hospitality REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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102.93

80.44

82.02

109.56

119.15

Apple Hospitality REIT 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															73.52	81.06	98.31	119.15	78.81

Apple Hospitality REIT 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.

Apple Hospitality REIT (FRA:48T) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apple Hospitality REIT Inc (FRA:48T) » Definitions » Accounts Payable & Accrued Expense

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APLE:USA 48T:Germany

Address

814 East Main Street, Richmond, VA, USA, 23219

Website

https://www.applehospitalityreit.com

Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.

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