Covivio (XPAR:COV) Accounts Payable & Accrued Expense : €326.5 Mil (As of Dec. 2023)

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What is Covivio Accounts Payable & Accrued Expense?

Covivio's quarterly accounts payable & accrued expense increased from Dec. 2022 (€289.4 Mil) to Jun. 2023 (€409.3 Mil) but then declined from Jun. 2023 (€409.3 Mil) to Dec. 2023 (€326.5 Mil).

Covivio's annual accounts payable & accrued expense declined from Dec. 2021 (€308.7 Mil) to Dec. 2022 (€289.4 Mil) but then increased from Dec. 2022 (€289.4 Mil) to Dec. 2023 (€326.5 Mil).

Covivio Accounts Payable & Accrued Expense Historical Data

The historical data trend for Covivio'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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Covivio Accounts Payable & Accrued Expense Chart

Covivio Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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406.28

276.03

308.75

289.42

326.51

Covivio 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															308.75	382.59	289.42	409.28	326.51

Covivio 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.

Covivio (XPAR:COV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Covivio SA (XPAR:COV) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

COVp:UK 0J6V:UK F5D:Germany

Address

18 Avenue Francois Mitterrand, Metz, FRA, 57000

Website

https://www.covivio.eu

Covivio SA is a French real estate investment trust involved in the ownership of properties mainly in France, Italy, and Germany. The majority of the properties in the company's real estate portfolio are office buildings located in Paris and Milan. German residential properties also represent a significant percentage of its total assets. Fonciere des Regions derives nearly all of its revenue in the form of rental income from the ownership and maintenance of its portfolio of properties. French offices generate the most revenue for the company, while Italian office buildings and German residential buildings in Berlin, Hamburg, and Dresden also contribute sizable income streams.

Covivio (XPAR:COV) Headlines

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