Akbank TAS (Akbank TAS) Purchase Of Property, Plant, Equipment : $-278 Mil (TTM As of Dec. 2023)

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What is Akbank TAS Purchase Of Property, Plant, Equipment?

Akbank TAS's purchase of property, plant, equipment for the three months ended in Dec. 2023 was $-140 Mil. It means Akbank TAS spent $140 Mil on purchasing property, plant, equipment. Akbank TAS's purchase of property, plant, equipment for the trailing twelve months (TTM) ended in Dec. 2023 was $-278Mil.

Compared with last quarter ($-45 Mil in Sep. 2023 ), Akbank TAS spent more money on purchasing property, plant, equipment in Dec. 2023 ($-140 Mil).

Akbank TAS Purchase Of Property, Plant, Equipment Historical Data

The historical data trend for Akbank TAS's Purchase Of Property, Plant, Equipment 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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Akbank TAS Purchase Of Property, Plant, Equipment Chart

Akbank TAS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Purchase Of Property, Plant, Equipment

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-209.36

-147.46

-81.16

-224.06

-252.74

Akbank TAS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Purchase Of Property, Plant, Equipment	Get a 7-Day Free Trial															-97.99	-28.62	-63.57	-45.15	-140.31

Akbank TAS Purchase Of Property, Plant, Equipment Calculation

The amount used to purchase PPE.

Purchase Of Property, Plant, Equipment for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-278 Mil.

Akbank TAS Purchase Of Property, Plant, Equipment Related Terms

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Akbank TAS (Akbank TAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Akbank TAS (OTCPK:AKBTY) » Definitions » Purchase Of Property, Plant, Equipment

Comparable Companies

Traded in Other Exchanges

AKBNK:Turkey AKB2:Germany

Address

Akbank Sabanci Center, 4. Levent, Istanbul, TUR, 34330

Website

https://www.akbank.com

Akbank TAS is a Turkish bank whose core business activities include consumer and private, commercial, small to midsize enterprise, and corporate and investment banking services. Other activities include foreign exchange, money markets, and securities transactions. In addition to traditional banking activities, the company provides insurance intermediary services. Approximately half of the bank's outstanding shares are owned by Sabanci Holding, a large Turkish financial conglomerate, and its affiliates. Net interest income contributes to the vast majority of net revenue, followed by net fees and commissions. The banks gives credit exposure to the services industry.

Akbank TAS (Akbank TAS) Headlines

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