NNN REIT (FRA:CZ2) Accounts Payable & Accrued Expense : €69.4 Mil (As of Mar. 2024)

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What is NNN REIT Accounts Payable & Accrued Expense?

NNN REIT's quarterly accounts payable & accrued expense declined from Sep. 2023 (€56.9 Mil) to Dec. 2023 (€31.5 Mil) but then increased from Dec. 2023 (€31.5 Mil) to Mar. 2024 (€69.4 Mil).

NNN REIT's annual accounts payable & accrued expense increased from Dec. 2021 (€21.2 Mil) to Dec. 2022 (€22.5 Mil) and increased from Dec. 2022 (€22.5 Mil) to Dec. 2023 (€31.5 Mil).

NNN REIT Accounts Payable & Accrued Expense Historical Data

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

NNN REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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16.43

15.95

21.17

22.49

31.52

NNN REIT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															54.38	22.87	56.94	31.52	69.45

NNN 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.

NNN REIT (FRA:CZ2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NNN REIT Inc (FRA:CZ2) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

NNN:USA

Address

450 South Orange Avenue, Suite 900, Orlando, FL, USA, 32801

Website

https://www.nnnreit.com

NNN REIT Inc is a real estate investment trust that invests in and develops properties throughout the United States. The company generates revenue from leasing properties to tenants, including convenience stores, automotive services, fitness centers, theatres, restaurants, and banks. Rents from convenience stores and restaurants contribute the majority proportion of total revenue, followed by automotive services, entertainment venues, and others. maximum of the company's properties are located in the South and Southeast of the United States.

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