Ege Endustri ve Ticaret AS (IST:EGEEN) Accounts Payable & Accrued Expense : ₺541 Mil (As of Sep. 2023)

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What is Ege Endustri ve Ticaret AS Accounts Payable & Accrued Expense?

Ege Endustri ve Ticaret AS's quarterly accounts payable & accrued expense declined from Mar. 2023 (₺673 Mil) to Jun. 2023 (₺556 Mil) and declined from Jun. 2023 (₺556 Mil) to Sep. 2023 (₺541 Mil).

Ege Endustri ve Ticaret AS's annual accounts payable & accrued expense declined from Dec. 2020 (₺198 Mil) to Dec. 2021 (₺173 Mil) but then increased from Dec. 2021 (₺173 Mil) to Dec. 2022 (₺360 Mil).

Ege Endustri ve Ticaret AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ege Endustri ve Ticaret 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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Ege Endustri ve Ticaret AS Accounts Payable & Accrued Expense Chart

Ege Endustri ve Ticaret AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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62.57

50.49

197.57

173.35

360.37

Ege Endustri ve Ticaret AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															303.66	360.37	672.89	555.54	541.40

Ege Endustri ve Ticaret 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.

Ege Endustri ve Ticaret AS (IST:EGEEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ege Endustri ve Ticaret AS (IST:EGEEN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kemalpasa Caddesi No.18, Pinarbasi, Izmir, TUR, 35060

Website

http://www.egeendustri.com.tr

Ege Endustri ve Ticaret AS is a Turkey-based axle manufacturer for the automotive industry. The products of the company consist of Fabricated Axle Housing, Rear Axles, Tag Axles, Trailer Axles, Self-Steering Tag Axle and Independent Front Suspension System among others.

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