Borlease Otomotiv AS (IST:BORLS) Accounts Payable & Accrued Expense : ₺433 Mil (As of Jun. 2024)

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What is Borlease Otomotiv AS Accounts Payable & Accrued Expense?

Borlease Otomotiv AS's quarterly accounts payable & accrued expense increased from Dec. 2023 (₺713 Mil) to Mar. 2024 (₺847 Mil) but then declined from Mar. 2024 (₺847 Mil) to Jun. 2024 (₺433 Mil).

Borlease Otomotiv AS's annual accounts payable & accrued expense increased from Dec. 2021 (₺302 Mil) to Dec. 2022 (₺644 Mil) and increased from Dec. 2022 (₺644 Mil) to Dec. 2023 (₺713 Mil).

Borlease Otomotiv AS Accounts Payable & Accrued Expense Historical Data

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

Borlease Otomotiv AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

147.79

301.63

644.40

713.12

Borlease Otomotiv AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						263.81	413.14	713.12	846.89	433.18

Borlease Otomotiv 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.

Borlease Otomotiv AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Borlease Otomotiv AS (IST:BORLS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Saray Mahallesi, Dr. Adnan Buyukdeniz Cad. 2, Blok No: 4 Ic Kapi No: 28 Umraniye, Istanbul, TUR

Website

https://www.borlease.com.tr

Borlease Otomotiv AS is a company whose main activity is is to rent all kinds of motorized and non-motorized land vehicles, whether it is owned or otherwise obtained from third parties and institutions. The Company primarily provides operational fleet rental services for all brands of passenger vehicles.

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