Net Lease Office Properties (Net Lease Office Properties) Accounts Payable & Accrued Expense : $52.5 Mil (As of Mar. 2024)

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What is Net Lease Office Properties Accounts Payable & Accrued Expense?

Net Lease Office Properties's quarterly accounts payable & accrued expense increased from Sep. 2023 ($47.3 Mil) to Dec. 2023 ($60.6 Mil) but then declined from Dec. 2023 ($60.6 Mil) to Mar. 2024 ($52.5 Mil).

Net Lease Office Properties's annual accounts payable & accrued expense increased from Dec. 2021 ($42.8 Mil) to Dec. 2022 ($50.0 Mil) and increased from Dec. 2022 ($50.0 Mil) to Dec. 2023 ($60.6 Mil).

Net Lease Office Properties Accounts Payable & Accrued Expense Historical Data

The historical data trend for Net Lease Office Properties'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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Net Lease Office Properties Accounts Payable & Accrued Expense Chart

Net Lease Office Properties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

58.75

42.77

49.95

60.59

Net Lease Office Properties Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						-	47.38	47.30	60.59	52.47

Net Lease Office Properties 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.

Net Lease Office Properties (Net Lease Office Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Net Lease Office Properties (NYSE:NLOP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

395 9th Avenue, 58th Floor, One Manhattan West, New York, NY, USA, 10001

Website

Net Lease Office Properties is a real estate investment trust. Through its subsidiaries it owns, operates and finance office building. Its properties are primarily leased to corporate tenants on a single-tenant, net-lease basis. Its portfolio includes approximately 1.5 million square feet of Green-Certified Buildings, 4 LEED-Certified Buildings and 1 BREEAM-Certified Building.

Executives

Richard J Pinola	director	BANKRATE, INC., 11760 US HIGHWAY 1 SUITE 200, NORTH PALM BEACH FL 33408
Hansing Axel K.a.	director	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jean Hoysradt	director	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
John J Park	director	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jason E. Fox	officer: CHIEF EXECUTIVE OFFICER	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Toniann Sanzone	officer: CHIEF FINANCIAL OFFICER	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK, NEW YORK NY 10001
Brian H Zander	officer: CHIEF ACCOUNTING OFFICER	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
W. P. Carey Inc.	10 percent owner	ONE MANHATTAN WEST, 395 9TH AVENUE, 58TH FLOOR, NEW YORK NY 10001

Net Lease Office Properties (Net Lease Office Properties) Headlines

From GuruFocus

Net Lease Office Properties Declares Common Share Dividend of $0.34 Per Share

By PRNewswire • 12-08-2023

Net Lease Office Properties Announces Sales of Four U.S. Office Properties Totaling $43 Million

By PRNewswire • 01-11-2024