Ford Otomotivnayi AS (Ford Otomotivnayi AS) Accounts Payable & Accrued Expense : $1,997 Mil (As of Dec. 2023)

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What is Ford Otomotivnayi AS Accounts Payable & Accrued Expense?

Ford Otomotivnayi AS's quarterly accounts payable & accrued expense declined from Jun. 2023 ($1,837 Mil) to Sep. 2023 ($1,801 Mil) but then increased from Sep. 2023 ($1,801 Mil) to Dec. 2023 ($1,997 Mil).

Ford Otomotivnayi AS's annual accounts payable & accrued expense increased from Dec. 2021 ($870 Mil) to Dec. 2022 ($2,825 Mil) but then declined from Dec. 2022 ($2,825 Mil) to Dec. 2023 ($1,997 Mil).

Ford Otomotivnayi AS Accounts Payable & Accrued Expense Historical Data

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

Ford Otomotivnayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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804.39

1,043.48

870.22

2,825.41

1,997.35

Ford Otomotivnayi 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															2,825.41	2,171.03	1,837.09	1,800.54	1,997.35

Ford Otomotivnayi 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.

Ford Otomotivnayi AS (Ford Otomotivnayi AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ford Otomotiv Sanayi AS (OTCPK:FOVSY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

FROTO:Turkey

Address

Akpmar Mahallesi, Hasan Basri Caddessi, Sancaktepe, Istanbul, TUR

Website

http://www.fordotosan.com.tr

Ford Otomotiv Sanayi AS is an automobile manufacturing company domiciled in Turkey. The company principally manufactures, imports, and distributes passenger vehicles, commercial vehicles, and spare parts and accessories under the Ford brand. The company organises itself into four segments, based on product type: passenger cars, light commercial vehicles, medium commercial vehicles, and trucks. Geographically, domestic sales are most significant, and constitute more than a third of consolidated revenue, followed by England and Germany.

Ford Otomotivnayi AS (Ford Otomotivnayi AS) Headlines

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Q4 2023 Ford Otomotiv Sanayi AS Earnings Call Transcript

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