Erciyas Celik Borunayi (IST:ERCB) Accounts Payable & Accrued Expense : ₺3,106 Mil (As of Dec. 2024)

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What is Erciyas Celik Borunayi Accounts Payable & Accrued Expense?

Erciyas Celik Borunayi's quarterly accounts payable & accrued expense increased from Jun. 2024 (₺1,978 Mil) to Sep. 2024 (₺2,105 Mil) and increased from Sep. 2024 (₺2,105 Mil) to Dec. 2024 (₺3,106 Mil).

Erciyas Celik Borunayi's annual accounts payable & accrued expense increased from Dec. 2022 (₺1,015 Mil) to Dec. 2023 (₺1,591 Mil) and increased from Dec. 2023 (₺1,591 Mil) to Dec. 2024 (₺3,106 Mil).

Erciyas Celik Borunayi Accounts Payable & Accrued Expense Historical Data

The historical data trend for Erciyas Celik Borunayi'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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Erciyas Celik Borunayi Accounts Payable & Accrued Expense Chart

Erciyas Celik Borunayi Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

279.20

413.36

1,014.91

1,591.46

3,106.13

Erciyas Celik Borunayi Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												1,591.46	2,025.57	1,978.02	2,104.96	3,106.13

Erciyas Celik Borunayi 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.

Erciyas Celik Borunayi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Erciyas Celik Boru Sanayi (IST:ERCB) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Palladium Tower Barbaros M. Halk Cd. Kardelen, Sk. No:2/1 Kat:25-26 34746 Atasehir, Istanbul, TUR

Website

https://erciyas.com/erciyas-celik-boru

Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.

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