Urban Logistics REIT (LSE:SHED) Accounts Payable & Accrued Expense : £12.39 Mil (As of Sep. 2023)

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What is Urban Logistics REIT Accounts Payable & Accrued Expense?

Urban Logistics REIT's quarterly accounts payable & accrued expense declined from Sep. 2022 (£17.82 Mil) to Mar. 2023 (£7.44 Mil) but then increased from Mar. 2023 (£7.44 Mil) to Sep. 2023 (£12.39 Mil).

Urban Logistics REIT's annual accounts payable & accrued expense increased from Mar. 2021 (£4.45 Mil) to Mar. 2022 (£9.90 Mil) but then declined from Mar. 2022 (£9.90 Mil) to Mar. 2023 (£7.44 Mil).

Urban Logistics REIT Accounts Payable & Accrued Expense Historical Data

The historical data trend for Urban Logistics 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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Urban Logistics REIT Accounts Payable & Accrued Expense Chart

Urban Logistics REIT Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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1.06

2.09

4.45

9.90

7.44

Urban Logistics REIT Semi-Annual Data
	Sep16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									17.32	9.90	17.82	7.44	12.39

Urban Logistics 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.

Urban Logistics REIT (LSE:SHED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Urban Logistics REIT PLC (LSE:SHED) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SHEDl:UK

Address

65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ

Website

https://www.urbanlogisticsreit.com

Urban Logistics REIT PLC is a property investment company. The company invests in the United Kingdom based industrial and logistics properties with a view to delivering attractive dividends and capital return to its shareholders. Its investment strategy is focused on smaller single let industrial and logistics properties in key geographical locations servicing high-quality tenants. Investment returns will be generated by quality stock, asset management, and a strong occupational market.

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