Hotel Property Investments (ASX:HPI) Other Operating Expense : A$2.33 Mil (TTM As of Dec. 2023)

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What is Hotel Property Investments Other Operating Expense?

Hotel Property Investments's Other Operating Expense for the six months ended in Dec. 2023 was A$1.09 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$2.33 Mil.

Hotel Property Investments's quarterly Other Operating Expense declined from Dec. 2022 (A$1.27 Mil) to Jun. 2023 (A$1.25 Mil) and declined from Jun. 2023 (A$1.25 Mil) to Dec. 2023 (A$1.09 Mil).

Hotel Property Investments's annual Other Operating Expense increased from Jun. 2021 (A$2.30 Mil) to Jun. 2022 (A$3.01 Mil) but then declined from Jun. 2022 (A$3.01 Mil) to Jun. 2023 (A$2.52 Mil).

Hotel Property Investments Other Operating Expense Historical Data

The historical data trend for Hotel Property Investments's Other Operating 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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Hotel Property Investments Other Operating Expense Chart

Hotel Property Investments Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Other Operating Expense

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1.93

2.39

2.30

3.01

2.52

Hotel Property Investments Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Operating Expense	Get a 7-Day Free Trial															1.77	1.24	1.27	1.25	1.09

Hotel Property Investments Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$2.33 Mil.

Hotel Property Investments Other Operating Expense Related Terms

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Hotel Property Investments (ASX:HPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hotel Property Investments (ASX:HPI) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 City Road, Suite 2, Level 17, IBM Centre, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.hpitrust.com.au

Hotel Property Investments is an Australian REIT with a portfolio of freehold pub properties primarily in Queensland. Its portfolio is almost exclusively leased to Queensland Venue Co. on triple-net long-term leases where the tenant is responsible for outgoings (except land tax in Queensland), resulting in relatively low maintenance expenses. Most leases also provide for annual rental increases typically at the lower of 4% or two times the average of the last five years consumer price index.