Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Accounts Payable & Accrued Expense : ₺131.4 Mil (As of Dec. 2023)

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What is Formet Metal Ve Camnayi Anonim Sirketi Accounts Payable & Accrued Expense?

Formet Metal Ve Camnayi Anonim Sirketi's quarterly accounts payable & accrued expense declined from Jun. 2023 (₺222.1 Mil) to Sep. 2023 (₺167.6 Mil) and declined from Sep. 2023 (₺167.6 Mil) to Dec. 2023 (₺131.4 Mil).

Formet Metal Ve Camnayi Anonim Sirketi's annual accounts payable & accrued expense increased from Dec. 2021 (₺67.3 Mil) to Dec. 2022 (₺221.3 Mil) but then declined from Dec. 2022 (₺221.3 Mil) to Dec. 2023 (₺131.4 Mil).

Formet Metal Ve Camnayi Anonim Sirketi Accounts Payable & Accrued Expense Historical Data

The historical data trend for Formet Metal Ve Camnayi Anonim Sirketi'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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Formet Metal Ve Camnayi Anonim Sirketi Accounts Payable & Accrued Expense Chart

Formet Metal Ve Camnayi Anonim Sirketi Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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30.01

59.44

67.32

221.32

131.37

Formet Metal Ve Camnayi Anonim Sirketi 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															221.32	195.77	222.08	167.59	131.37

Formet Metal Ve Camnayi Anonim Sirketi 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.

Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Formet Metal Ve Cam Sanayi Anonim Sirketi (IST:FORMT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Caddesi No. 18, Organize Sanayi Bolgesi 9, Kayseri, TUR

Website

http://www.formetcelikkapi.com.tr

Formet Celik Kapi Sanayi ve Ticaret AS manufactures and sells steel doors. It offers products such as Panel Series, Neo Series, Eko Series, and others. The company also provides various accessories such as Knob 204, Knob 208, Kumru 1301 Gold, and other related accessories.

Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Headlines

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