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Grainturk Tarim (IST:GRTRK) Accounts Payable & Accrued Expense : ₺201 Mil (As of Dec. 2023)


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What is Grainturk Tarim Accounts Payable & Accrued Expense?

Grainturk Tarim's quarterly accounts payable & accrued expense increased from Jun. 2023 (₺66 Mil) to Sep. 2023 (₺224 Mil) but then declined from Sep. 2023 (₺224 Mil) to Dec. 2023 (₺201 Mil).

Grainturk Tarim's annual accounts payable & accrued expense increased from Dec. 2021 (₺24 Mil) to Dec. 2022 (₺36 Mil) and increased from Dec. 2022 (₺36 Mil) to Dec. 2023 (₺201 Mil).

Grainturk Tarim Accounts Payable & Accrued Expense Historical Data

The historical data trend for Grainturk Tarim'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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Grainturk Tarim Accounts Payable & Accrued Expense Chart

Grainturk Tarim Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
32.88 23.73 36.44 200.58

Grainturk Tarim Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.44 60.32 65.64 224.27 200.58

Grainturk Tarim 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.

Grainturk Tarim (IST:GRTRK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Grainturk Tarim (IST:GRTRK) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
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Address
Levent Caddesi Krizantem Sokak No: 15, Levent, Istanbul, TUR, 34330
Website
https://www.grainturk.com
Grainturk Tarim is mainly engaged in the purchase and sale of agricultural products, mainly wheat, corn, barley, sunflower seeds, soybean, and cotton. through its subsidiaries firm also provides services for the storage of the said products within the scope of licensed warehousing.

Grainturk Tarim (IST:GRTRK) Headlines

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