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Borlease Otomotiv AS (IST:BORLS) Accounts Payable & Accrued Expense : ₺413 Mil (As of Sep. 2023)


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What is Borlease Otomotiv AS Accounts Payable & Accrued Expense?

Borlease Otomotiv AS's quarterly accounts payable & accrued expense declined from Dec. 2022 (₺391 Mil) to Jun. 2023 (₺264 Mil) but then increased from Jun. 2023 (₺264 Mil) to Sep. 2023 (₺413 Mil).

Borlease Otomotiv AS's annual accounts payable & accrued expense increased from Dec. 2020 (₺148 Mil) to Dec. 2021 (₺302 Mil) and increased from Dec. 2021 (₺302 Mil) to Dec. 2022 (₺391 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
Accounts Payable & Accrued Expense
147.79 301.63 391.35

Borlease Otomotiv AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial - - 391.35 263.81 413.14

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 (IST:BORLS) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Borlease Otomotiv AS (IST:BORLS) » Definitions » Accounts Payable & Accrued Expense
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Address
Saray Mahallesi, Dr. Adnan Büyükdeniz Cad. 2 Blok, No: 4 Ic Kap? 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.

Borlease Otomotiv AS (IST:BORLS) Headlines

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