Custodian Propertyome REIT (LSE:CREI) Accounts Payable & Accrued Expense : £2.29 Mil (As of Sep. 2023)

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What is Custodian Propertyome REIT Accounts Payable & Accrued Expense?

Custodian Propertyome REIT's quarterly accounts payable & accrued expense declined from Sep. 2022 (£5.70 Mil) to Mar. 2023 (£2.04 Mil) but then increased from Mar. 2023 (£2.04 Mil) to Sep. 2023 (£2.29 Mil).

Custodian Propertyome REIT's annual accounts payable & accrued expense increased from Mar. 2021 (£3.18 Mil) to Mar. 2022 (£4.99 Mil) but then declined from Mar. 2022 (£4.99 Mil) to Mar. 2023 (£2.04 Mil).

Custodian Propertyome REIT Accounts Payable & Accrued Expense Historical Data

The historical data trend for Custodian Propertyome 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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Custodian Propertyome REIT Accounts Payable & Accrued Expense Chart

Custodian Propertyome REIT Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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3.27

5.13

3.18

4.99

2.04

Custodian Propertyome REIT Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6.43	4.99	5.70	2.04	2.29

Custodian Propertyome 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.

Custodian Propertyome REIT (LSE:CREI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Custodian Property Income REIT PLC (LSE:CREI) » Definitions » Accounts Payable & Accrued Expense

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CREIl:UK

Address

1 New Walk Place, Leicester, GBR, LE1 6RU

Website

https://www.custodianreit.com

Custodian Property Income REIT PLC is a real estate investment trust with a portfolio of regional properties let to institutional grade tenants throughout the United Kingdom. The company's only operating segment is an investment in commercial properties. Its investment objective is to provide its shareholders with income by maintaining a high level of dividend, covered by earnings, with a level of gearing. The company properties consist of industrial, office, retail and other properties. It derives its revenue from the rental income it receives from the investment property.

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