Advance Residence Investment (TSE:3269) Accounts Payable & Accrued Expense : 円2,142 Mil (As of Jan. 2023)

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What is Advance Residence Investment Accounts Payable & Accrued Expense?

Advance Residence Investment's quarterly accounts payable & accrued expense increased from Jan. 2022 (円1,962 Mil) to Jul. 2022 (円2,023 Mil) and increased from Jul. 2022 (円2,023 Mil) to Jan. 2023 (円2,142 Mil).

Advance Residence Investment's annual accounts payable & accrued expense increased from Jul. 2019 (円0 Mil) to Jul. 2020 (円1,907 Mil) and increased from Jul. 2020 (円1,907 Mil) to Jul. 2021 (円2,037 Mil).

Advance Residence Investment Accounts Payable & Accrued Expense Historical Data

The historical data trend for Advance Residence Investment'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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Advance Residence Investment Accounts Payable & Accrued Expense Chart

Advance Residence Investment Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Accounts Payable & Accrued Expense

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1,680.19

1,771.32

1,906.97

2,036.92

Advance Residence Investment Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,036.92	1,962.34	2,023.06	2,141.84	-

Advance Residence Investment 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.

Advance Residence Investment (TSE:3269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Advance Residence Investment Corp (TSE:3269) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054

Website

http://www.adr-reit.com

Advance Residence Investment Corp is a real estate investment trust that engaged in the property leasing business. It was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. In order to secure stable earnings and steady growth in assets under management, the company procures funds through loans, issuance of investment corporation bonds, issuance of units, and other means of financing for purchasing real estate properties and repaying its debts. The company primarily invests in residential real estate properties located in central Tokyo, and the Tokyo metropolitan area.

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