Primaris REIT (TSX:PMZ.UN) Accounts Payable & Accrued Expense : C$78.5 Mil (As of Mar. 2024)

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What is Primaris REIT Accounts Payable & Accrued Expense?

Primaris REIT's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$102.6 Mil) to Dec. 2023 (C$115.5 Mil) but then declined from Dec. 2023 (C$115.5 Mil) to Mar. 2024 (C$78.5 Mil).

Primaris REIT's annual accounts payable & accrued expense increased from Dec. 2021 (C$66.8 Mil) to Dec. 2022 (C$90.5 Mil) and increased from Dec. 2022 (C$90.5 Mil) to Dec. 2023 (C$115.5 Mil).

Primaris REIT Accounts Payable & Accrued Expense Historical Data

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

Primaris REIT Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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236.98

501.09

66.76

90.54

115.45

Primaris REIT Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															71.04	99.19	102.65	115.45	78.46

Primaris 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.

Primaris REIT (TSX:PMZ.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Primaris REIT (TSX:PMZ.UN) » Definitions » Accounts Payable & Accrued Expense

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PMREF:USA

Address

26 Wellington Street East, Suite 400, Toronto, ON, CAN, M5E 1S2

Website

http://www.primarisreit.com

Primaris REIT is an unincorporated, open-ended real estate investment trust that comprises ownership, management, and development of investment properties located across Canada. Its property portfolio includes; Dufferin Mall, Stone Road Mall, Orchard Park, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.

Primaris REIT (TSX:PMZ.UN) Headlines

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