Nippon Prologis REIT (TSE:3283) Accounts Payable & Accrued Expense : 円1,974 Mil (As of May. 2022)

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What is Nippon Prologis REIT Accounts Payable & Accrued Expense?

Nippon Prologis REIT's quarterly accounts payable & accrued expense increased from May. 2021 (円1,826 Mil) to Nov. 2021 (円4,549 Mil) but then declined from Nov. 2021 (円4,549 Mil) to May. 2022 (円1,974 Mil).

Nippon Prologis REIT's annual accounts payable & accrued expense increased from Nov. 2019 (円2,012 Mil) to Nov. 2020 (円4,368 Mil) and increased from Nov. 2020 (円4,368 Mil) to Nov. 2021 (円4,549 Mil).

Nippon Prologis REIT Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nippon Prologis 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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Nippon Prologis REIT Accounts Payable & Accrued Expense Chart

Nippon Prologis REIT Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Accounts Payable & Accrued Expense

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1,731.44

3,005.03

2,012.11

4,368.41

4,549.33

Nippon Prologis REIT Semi-Annual Data
	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														1,957.43	4,368.41	1,826.20	4,549.33	1,974.40

Nippon Prologis 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.

Nippon Prologis REIT (TSE:3283) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Prologis REIT Inc (TSE:3283) » Definitions » Accounts Payable & Accrued Expense

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Address

Tokyo Building 21F, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6421

Website

http://www.prologis-reit.co.jp

Nippon Prologis REIT Inc is a Japanese real estate investment trust primarily involved in owning, operating, and developing logistics facilities in Japan's major urban markets. The company's real estate portfolio is comprised mainly of large, multitenant warehouse facilities located near transportation hubs and population clusters. Nippon Prologis also operates a sizable number of build-to-suit facilities with similar physical specifications to its other buildings. The majority of the company's properties are located in the Greater Tokyo area, while a significant percentage are located in the Greater Osaka area as well. Nippon Prologis derives nearly all of its income from rental revenue. Its customers include a variety of logistics, distribution, transportation, and industrial companies.

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