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Turkiye Vakiflar Bankasi TAO (IST:VAKBN) Accounts Payable & Accrued Expense : ₺15,012 Mil (As of Mar. 2024)


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What is Turkiye Vakiflar Bankasi TAO Accounts Payable & Accrued Expense?

Turkiye Vakiflar Bankasi TAO's quarterly accounts payable & accrued expense increased from Sep. 2023 (₺3,346 Mil) to Dec. 2023 (₺12,097 Mil) and increased from Dec. 2023 (₺12,097 Mil) to Mar. 2024 (₺15,012 Mil).

Turkiye Vakiflar Bankasi TAO's annual accounts payable & accrued expense increased from Dec. 2021 (₺1,108 Mil) to Dec. 2022 (₺5,416 Mil) and increased from Dec. 2022 (₺5,416 Mil) to Dec. 2023 (₺12,097 Mil).


Turkiye Vakiflar Bankasi TAO Accounts Payable & Accrued Expense Historical Data

The historical data trend for Turkiye Vakiflar Bankasi TAO'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 Vakiflar Bankasi TAO Accounts Payable & Accrued Expense Chart

Turkiye Vakiflar Bankasi TAO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,144.36 955.48 1,107.68 5,415.87 12,096.72

Turkiye Vakiflar Bankasi TAO 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,698.12 2,861.35 3,345.66 12,096.72 15,011.58

Turkiye Vakiflar Bankasi TAO 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 Vakiflar Bankasi TAO (IST:VAKBN) Business Description

Traded in Other Exchanges
N/A
Address
Saray Mahallesi Dr. Adnan Buyukdeniz Caddesi No: 7/A-B, Genel Mudurlugu, Umraniye, Istanbul, TUR, 34768
Turkiye Vakiflar Bankasi TAO provides a range of banking products and services through its corporate, commercial and small to midsize enterprise, and retail and private banking business lines. In addition to its core services, the bank also participates in investment banking, insurance, as well as financial leasing and factoring, among other activities. Most of the bank's earning assets are commercial loans, but it also has a significant retail loan book and securities portfolio. The bank operates and has its credit exposed overwhelmingly in the Turkish market.

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