Migros Ticaret AS (IST:MGROS) Accounts Payable & Accrued Expense : ₺50,368 Mil (As of Jun. 2024)

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What is Migros Ticaret AS Accounts Payable & Accrued Expense?

Migros Ticaret AS's quarterly accounts payable & accrued expense increased from Dec. 2023 (₺39,844 Mil) to Mar. 2024 (₺42,197 Mil) and increased from Mar. 2024 (₺42,197 Mil) to Jun. 2024 (₺50,368 Mil).

Migros Ticaret AS's annual accounts payable & accrued expense increased from Dec. 2021 (₺10,113 Mil) to Dec. 2022 (₺36,497 Mil) and increased from Dec. 2022 (₺36,497 Mil) to Dec. 2023 (₺39,844 Mil).

Migros Ticaret AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Migros Ticaret 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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Migros Ticaret AS Accounts Payable & Accrued Expense Chart

Migros Ticaret AS Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6,026.06

7,765.44

10,113.35

36,497.24

39,844.45

Migros Ticaret AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															29,059.90	35,544.04	39,844.45	42,197.08	50,367.90

Migros Ticaret 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.

Migros Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Migros Ticaret AS (IST:MGROS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Atatürk Mah. Turgut Özal Bulvar? No: 7, Atasehir - Istanbul, TUR, 34758

Website

http://www.migroskurumsal.com

Migros Turk TAS is a Turkey-based company that is principally engaged in the retail business. The company offers a broad range of merchandise, including food items, groceries, cosmetics, glass and kitchenware, stationery, electronic appliances, books, and others. The company operates through a number of store brands, including Migros stores, which account for the majority of the company's total stores; Macrocenter stores, which provides exclusive goods; and Ramstore stores, which are located outside Turkey and offer Turkish products. The company also operates business through an online channel. It generates the majority of its total revenue from the domestic market.

Migros Ticaret AS Headlines

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