Abacus Group (Abacus Group) Accounts Payable : $48.87 Mil (As of Dec. 2023)

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What is Abacus Group Accounts Payable?

Abacus Group's Accounts Payable for the quarter that ended in Dec. 2023 was $48.87 Mil.

Abacus Group's quarterly Accounts Payable declined from Dec. 2022 ($148.76 Mil) to Jun. 2023 ($38.65 Mil) but then increased from Jun. 2023 ($38.65 Mil) to Dec. 2023 ($48.87 Mil).

Abacus Group's annual Accounts Payable increased from Jun. 2021 ($85.73 Mil) to Jun. 2022 ($89.27 Mil) but then declined from Jun. 2022 ($89.27 Mil) to Jun. 2023 ($38.65 Mil).

Abacus Group Accounts Payable Historical Data

The historical data trend for Abacus Group's Accounts Payable 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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Abacus Group Accounts Payable Chart

Abacus Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable

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51.02

55.89

85.73

89.27

38.65

Abacus Group 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	Get a 7-Day Free Trial															77.97	89.27	148.76	38.65	48.87

Abacus Group Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Abacus Group Accounts Payable Related Terms

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Abacus Group (Abacus Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Abacus Group (OTCPK:ABCGF) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

EZO1:Germany ABG:Australia

Address

77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000

Website

https://www.abacusproperty.com.au

Abacus Group is primarily focused on storage and office property, with minor interests in other subsectors such as retail property. Its storage business remains an active acquirer and developer of property. Management separated the storage business in mid-2023. We don't view the separation as creating value in itself, however, we view it as a potential catalyst that could prompt the market to recognize latent value in Abacus' assets. However, it will likely take time for the market to get familiar with the two Abacus vehicles and its new structure.

Abacus Group (Abacus Group) Headlines

From GuruFocus

Half Year 2024 Abacus Group Earnings Presentation Transcript

By GuruFocus Research • 02-28-2024