Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) Accounts Payable & Accrued Expense : ₺899 Mil (As of Dec. 2023)

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What is Akfen Gayrimenkul Yatirim Ortakligi Accounts Payable & Accrued Expense?

Akfen Gayrimenkul Yatirim Ortakligi's quarterly accounts payable & accrued expense increased from Jun. 2023 (₺64 Mil) to Sep. 2023 (₺271 Mil) and increased from Sep. 2023 (₺271 Mil) to Dec. 2023 (₺899 Mil).

Akfen Gayrimenkul Yatirim Ortakligi's annual accounts payable & accrued expense increased from Dec. 2021 (₺12 Mil) to Dec. 2022 (₺47 Mil) and increased from Dec. 2022 (₺47 Mil) to Dec. 2023 (₺899 Mil).

Akfen Gayrimenkul Yatirim Ortakligi Accounts Payable & Accrued Expense Historical Data

The historical data trend for Akfen Gayrimenkul Yatirim Ortakligi'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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Akfen Gayrimenkul Yatirim Ortakligi Accounts Payable & Accrued Expense Chart

Akfen Gayrimenkul Yatirim Ortakligi Annual Data

Trend

Dec14

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Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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30.87

50.61

11.55

46.94

899.19

Akfen Gayrimenkul Yatirim Ortakligi 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															46.94	44.42	64.09	271.28	899.19

Akfen Gayrimenkul Yatirim Ortakligi 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.

Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Levent Loft, Büyükdere Cad. No:201, C Blok Kat 8, Istanbul, TUR

Website

http://www.akfengyo.com.tr

Akfen Gayrimenkul Yatirim Ortakligi is a real estate investment trust. The group's main operations and activities are investing in real estates, real estate projects, and real estate-based capital markets instruments and to create and develop a real estate portfolio. The group is mainly developing hotels with Ibis Hotel and Novotel trademarks and leasing the hotels to Tamaris Turizm A.S. It is organized geographically across three principal operating segments: Turkey, Northern Cyprus, and Russia. Geographically the company receives maximum revenue from Turkey.

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