Nippon Building Fund (TSE:8951) Accounts Payable & Accrued Expense : 円8,278 Mil (As of Dec. 2023)

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What is Nippon Building Fund Accounts Payable & Accrued Expense?

Nippon Building Fund's quarterly accounts payable & accrued expense declined from Dec. 2022 (円8,953 Mil) to Jun. 2023 (円7,697 Mil) but then increased from Jun. 2023 (円7,697 Mil) to Dec. 2023 (円8,278 Mil).

Nippon Building Fund's annual accounts payable & accrued expense declined from Dec. 2021 (円9,353 Mil) to Dec. 2022 (円8,953 Mil) and declined from Dec. 2022 (円8,953 Mil) to Dec. 2023 (円8,278 Mil).

Nippon Building Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nippon Building Fund'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 Building Fund Accounts Payable & Accrued Expense Chart

Nippon Building Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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7,385.26

9,353.23

8,952.71

8,278.00

Nippon Building Fund Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															9,353.23	8,287.09	8,952.71	7,696.52	8,278.00

Nippon Building Fund 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 Building Fund (TSE:8951) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Building Fund Inc (TSE:8951) » Definitions » Accounts Payable & Accrued Expense

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Address

38th Floor, GranTokyo North Tower, 9-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-6738

Website

http://www.nbf-m.com

Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio is primarily comprised of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's largest customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.

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