Izmir Demir Celiknayi AS (IST:IZMDC) Accounts Payable & Accrued Expense : ₺1,279 Mil (As of Mar. 2024)

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What is Izmir Demir Celiknayi AS Accounts Payable & Accrued Expense?

Izmir Demir Celiknayi AS's quarterly accounts payable & accrued expense increased from Sep. 2023 (₺877 Mil) to Dec. 2023 (₺1,006 Mil) and increased from Dec. 2023 (₺1,006 Mil) to Mar. 2024 (₺1,279 Mil).

Izmir Demir Celiknayi AS's annual accounts payable & accrued expense increased from Dec. 2021 (₺272 Mil) to Dec. 2022 (₺1,062 Mil) but then declined from Dec. 2022 (₺1,062 Mil) to Dec. 2023 (₺1,006 Mil).

Izmir Demir Celiknayi AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Izmir Demir Celiknayi 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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Izmir Demir Celiknayi AS Accounts Payable & Accrued Expense Chart

Izmir Demir Celiknayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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112.70

198.93

271.71

1,061.69

1,005.75

Izmir Demir Celiknayi AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	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															746.15	704.46	876.54	1,005.75	1,279.22

Izmir Demir Celiknayi 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.

Izmir Demir Celiknayi AS (IST:IZMDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Izmir Demir Celik Sanayi AS (IST:IZMDC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

?air E?ref Bulvar? No. 23, Çankaya, Izmir, TUR, 35210

Website

http://www.izdemir.com.tr

Izmir Demir Celik Sanayi AS is a steel producer based in Turkey. The company produces steel products which include iron blocks, iron rods, and iron beams for various application and sells it to the Turkish and international markets. The production is carried out at the Foca plant in Aliaga. The firm also engages in making investments in power plant and maritime business, owning three ships totally through its subsidiaries.

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