GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fortune Real Estate Investment Trust (HKSE:00778) » Definitions » Accounts Payable & Accrued Expense

Fortune Real Estate Investment Trust (HKSE:00778) Accounts Payable & Accrued Expense : HK$817 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Fortune Real Estate Investment Trust Accounts Payable & Accrued Expense?

Fortune Real Estate Investment Trust's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$902 Mil) to Jun. 2023 (HK$927 Mil) but then declined from Jun. 2023 (HK$927 Mil) to Dec. 2023 (HK$817 Mil).

Fortune Real Estate Investment Trust's annual accounts payable & accrued expense increased from Dec. 2021 (HK$865 Mil) to Dec. 2022 (HK$902 Mil) but then declined from Dec. 2022 (HK$902 Mil) to Dec. 2023 (HK$817 Mil).


Fortune Real Estate Investment Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Fortune Real Estate Investment Trust'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.

* Premium members only.

Fortune Real Estate Investment Trust Accounts Payable & Accrued Expense Chart

Fortune Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,002.19 976.19 865.38 902.22 816.74

Fortune Real Estate Investment Trust 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 865.38 1,002.44 902.22 927.22 816.74

Fortune Real Estate Investment Trust 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.


Fortune Real Estate Investment Trust (HKSE:00778) Business Description

Traded in Other Exchanges
Address
5 Temasek Boulevard, No. 12-01, Suntec Tower 5, Singapore, SGP, 038985
Fortune Real Estate Investment Trust is a real estate company that invests in retail shopping malls located in Hong Kong and Singapore with the primary objective of producing stable distributions for unitholders and achieving long-term growth in the net asset value per unit. The trust generates the majority of its revenue from rents and leases, with the remaining revenue from utility charges, management fees, car park revenue, license fees, and other sources. Fortune REIT's tenants include supermarkets, banking, and real estate services companies, restaurants, convenience stores, and general retailers.
Executives
Ck Asset Holdings Limited
Li Ka-shing

Fortune Real Estate Investment Trust (HKSE:00778) Headlines

No Headlines