PRO Real Estate Investment Trust (TSX:PRV.UN) Accounts Payable & Accrued Expense : C$16.5 Mil (As of Mar. 2024)

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What is PRO Real Estate Investment Trust Accounts Payable & Accrued Expense?

PRO Real Estate Investment Trust's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$15.1 Mil) to Dec. 2023 (C$13.3 Mil) but then increased from Dec. 2023 (C$13.3 Mil) to Mar. 2024 (C$16.5 Mil).

PRO Real Estate Investment Trust's annual accounts payable & accrued expense declined from Dec. 2021 (C$11.9 Mil) to Dec. 2022 (C$10.1 Mil) but then increased from Dec. 2022 (C$10.1 Mil) to Dec. 2023 (C$13.3 Mil).

PRO Real Estate Investment Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for PRO Real Estate Investment Trust'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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PRO Real Estate Investment Trust Accounts Payable & Accrued Expense Chart

PRO Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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8.15

6.58

11.87

10.13

13.28

PRO Real Estate Investment Trust 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															20.83	13.25	15.06	13.28	16.45

PRO Real Estate Investment Trust 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.

PRO Real Estate Investment Trust (TSX:PRV.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » PRO Real Estate Investment Trust (TSX:PRV.UN) » Definitions » Accounts Payable & Accrued Expense

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PRVFF:USA

Address

2000 Mansfield Street, Suite 1000, Montreal, QC, CAN, H3A 2Z7

Website

https://www.proreit.com

PRO Real Estate Investment Trust is an open-ended real estate investment trust. The REIT's segments include three classifications of investment properties - Retail, Office, and Industrial. All of the REIT's activities are located in one geographical segment, which is Canada. Its objective is to maintain a combination of short, medium, and long-term debt maturities that are appropriate for the overall debt level of its portfolio, considering the availability of financing and market conditions, and the financial characteristics of each property. It derives key revenue from the Industrial segment.

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