Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Accounts Payable & Accrued Expense : ₺96.2 Mil (As of Mar. 2024)

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What is Hitit Bilgisayar Hizmetleri AS Accounts Payable & Accrued Expense?

Hitit Bilgisayar Hizmetleri AS's quarterly accounts payable & accrued expense increased from Sep. 2023 (₺68.7 Mil) to Dec. 2023 (₺98.5 Mil) but then declined from Dec. 2023 (₺98.5 Mil) to Mar. 2024 (₺96.2 Mil).

Hitit Bilgisayar Hizmetleri AS's annual accounts payable & accrued expense increased from Dec. 2021 (₺18.8 Mil) to Dec. 2022 (₺34.4 Mil) and increased from Dec. 2022 (₺34.4 Mil) to Dec. 2023 (₺98.5 Mil).

Hitit Bilgisayar Hizmetleri AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hitit Bilgisayar Hizmetleri 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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Hitit Bilgisayar Hizmetleri AS Accounts Payable & Accrued Expense Chart

Hitit Bilgisayar Hizmetleri AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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8.52

8.76

18.82

34.43

98.55

Hitit Bilgisayar Hizmetleri AS Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												23.73	61.13	68.67	98.55	96.20

Hitit Bilgisayar Hizmetleri 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.

Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) » Definitions » Accounts Payable & Accrued Expense

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Address

Resitpasa Mah. Katar Cad. No: 4/1 Ari, Teknokent 2 Ic Kapi No: 601 34469, Maslak, Istanbul, TUR

Website

https://www.hitit.com

Hitit Bilgisayar Hizmetleri AS is a provider of airline IT solutions intended to meet the needs of industry players in the travel industry. The company's solutions offer a comprehensive suite that covers the entire operational life-circle, web-based airline reservations and ticketing systems, schedule and crew planning through core passenger service and ground-handling needs, industrial-standard accounting, reporting tools, as well as complementing solutions such as loyalty, customer management, multiple sales and distribution channels.

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