Dream Residential REIT (Dream Residential REIT) Accounts Payable & Accrued Expense : $4.22 Mil (As of Mar. 2024)

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What is Dream Residential REIT Accounts Payable & Accrued Expense?

Dream Residential REIT's quarterly accounts payable & accrued expense increased from Jun. 2023 ($2.99 Mil) to Dec. 2023 ($7.32 Mil) but then declined from Dec. 2023 ($7.32 Mil) to Mar. 2024 ($4.22 Mil).

Dream Residential REIT's annual accounts payable & accrued expense increased from . 20 ($0.00 Mil) to Dec. 2022 ($7.08 Mil) and increased from Dec. 2022 ($7.08 Mil) to Dec. 2023 ($7.32 Mil).

Dream Residential REIT Accounts Payable & Accrued Expense Historical Data

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

Dream Residential REIT Annual Data

Trend

Dec22

Dec23

Accounts Payable & Accrued Expense

7.08

7.32

Dream Residential REIT Quarterly Data
	Feb22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			7.08	4.24	2.99	7.32	4.22

Dream Residential 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.

Dream Residential REIT (Dream Residential REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Residential REIT (OTCPK:DRREF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

DRR.U:Canada

Address

30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.