Gersan Electric Ticaret venayi AS (IST:GEREL) Accounts Payable & Accrued Expense : ₺468 Mil (As of Dec. 2024)

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What is Gersan Electric Ticaret venayi AS Accounts Payable & Accrued Expense?

Gersan Electric Ticaret venayi AS's quarterly accounts payable & accrued expense increased from Jun. 2024 (₺425 Mil) to Sep. 2024 (₺441 Mil) and increased from Sep. 2024 (₺441 Mil) to Dec. 2024 (₺468 Mil).

Gersan Electric Ticaret venayi AS's annual accounts payable & accrued expense increased from Dec. 2022 (₺201 Mil) to Dec. 2023 (₺468 Mil) and increased from Dec. 2023 (₺468 Mil) to Dec. 2024 (₺468 Mil).

Gersan Electric Ticaret venayi AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gersan Electric Ticaret venayi 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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Gersan Electric Ticaret venayi AS Accounts Payable & Accrued Expense Chart

Gersan Electric Ticaret venayi AS Annual Data

Trend

Dec15

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Dec17

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Dec19

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Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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41.39

85.81

200.97

467.61

467.94

Gersan Electric Ticaret venayi AS Quarterly Data
	Mar20	Jun20	Sep20	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															467.61	706.02	425.33	441.33	467.94

Gersan Electric Ticaret venayi 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.

Gersan Electric Ticaret venayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gersan Electric Ticaret ve Sanayi AS (IST:GEREL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Tuzla Mermerciler Organize, Gazi Bulvari No.37-39-41, TEM Yanyol Caddesi No.6, Tuzla, Istanbul, TUR, 34953

Website

http://www.gersan.com.tr

Gersan Electric Ticaret ve Sanayi AS produces systems & materials that carry, connect & protect the conductors in the lines that extend from the power plants to the outlets in the houses. Its products include cable trays, busbars & distribution panels.

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