Turkiye Garanti Bankasi AS (Turkiye Garanti Bankasi AS) Accounts Payable & Accrued Expense : $3,102 Mil (As of Dec. 2023)

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What is Turkiye Garanti Bankasi AS Accounts Payable & Accrued Expense?

Turkiye Garanti Bankasi AS's quarterly accounts payable & accrued expense increased from Jun. 2023 ($2,391 Mil) to Sep. 2023 ($2,788 Mil) and increased from Sep. 2023 ($2,788 Mil) to Dec. 2023 ($3,102 Mil).

Turkiye Garanti Bankasi AS's annual accounts payable & accrued expense increased from Dec. 2021 ($2,196 Mil) to Dec. 2022 ($3,033 Mil) and increased from Dec. 2022 ($3,033 Mil) to Dec. 2023 ($3,102 Mil).

Turkiye Garanti Bankasi AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Turkiye Garanti Bankasi AS'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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Turkiye Garanti Bankasi AS Accounts Payable & Accrued Expense Chart

Turkiye Garanti Bankasi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,459.98

2,500.89

2,195.87

3,033.49

3,101.75

Turkiye Garanti Bankasi AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,033.49	3,345.53	2,391.27	2,788.28	3,101.75

Turkiye Garanti Bankasi AS 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.

Turkiye Garanti Bankasi AS (Turkiye Garanti Bankasi AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Turkiye Garanti Bankasi AS (OTCPK:TKGBY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TKGBF:USA GARAN:Turkey GBKB:Germany

Address

Levent Nispetiye Mah. Aytar Cad. No: 2, Besiktas, Istanbul, TUR, 34340

Website

https://www.garantibbva.com.tr

Turkiye Garanti Bankasi AS is an integrated financial services group operating primarily in Turkey, but with subsidiaries in the Netherlands, Russia, and Romania. It is a full-service bank offering corporate, commercial, retail, private, small to midsize enterprise, and investment banking services. Other financial services include insurance, leasing, brokerage, and asset management services. The bank's strategy emphasizes customer service. Its vast majority of its earning assets consist of loans, with strong positioning in consumer loans, mortgages, and auto loans. The company loan portfolio is diversified across various industries, notably real estate and rental services, wholesale and retail trade, and the production industries.

Turkiye Garanti Bankasi AS (Turkiye Garanti Bankasi AS) Headlines

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