Arcelik AS (Arcelik AS) Accounts Payable & Accrued Expense : $2,040 Mil (As of Dec. 2023)

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What is Arcelik AS Accounts Payable & Accrued Expense?

Arcelik AS's quarterly accounts payable & accrued expense increased from Jun. 2023 ($2,004 Mil) to Sep. 2023 ($2,067 Mil) but then declined from Sep. 2023 ($2,067 Mil) to Dec. 2023 ($2,040 Mil).

Arcelik AS's annual accounts payable & accrued expense increased from Dec. 2021 ($1,442 Mil) to Dec. 2022 ($2,797 Mil) but then declined from Dec. 2022 ($2,797 Mil) to Dec. 2023 ($2,040 Mil).

Arcelik AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Arcelik 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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Arcelik AS Accounts Payable & Accrued Expense Chart

Arcelik AS Annual Data

Trend

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Dec18

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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1,026.18

1,357.66

1,442.16

2,797.41

2,040.01

Arcelik AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,797.41	1,925.66	2,003.84	2,067.24	2,040.01

Arcelik 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.

Arcelik AS (Arcelik AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Arcelik AS (OTCPK:ACKAY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ARCLK:Turkey RCAA:Germany

Address

Karaagac Caddesi No 2-6, Sutluce, Istanbul, TUR, 34445

Website

http://www.arcelikas.com

Arcelik AS is a Turkey-based company that is principally engaged in manufacturing household appliances. Its products consist of consumer durable goods, consumer electronics, kitchen accessories, and small home appliances. It provides after-sale services as well. The company generates most of its revenue from white products. The company has factories in a number of countries, such as Turkey, Romania, Russia, China, South Africa, and Thailand. It has a worldwide business presence, including Turkey, Europe, Africa, and the Middle East, with Turkey and Western Europe as the largest markets.