Petkim Petrokimya Holding AS (IST:PETKM) Accounts Payable & Accrued Expense : ₺8,512 Mil (As of Dec. 2023)

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What is Petkim Petrokimya Holding AS Accounts Payable & Accrued Expense?

Petkim Petrokimya Holding AS's quarterly accounts payable & accrued expense declined from Jun. 2023 (₺8,443 Mil) to Sep. 2023 (₺5,389 Mil) but then increased from Sep. 2023 (₺5,389 Mil) to Dec. 2023 (₺8,512 Mil).

Petkim Petrokimya Holding AS's annual accounts payable & accrued expense increased from Dec. 2021 (₺4,182 Mil) to Dec. 2022 (₺4,588 Mil) and increased from Dec. 2022 (₺4,588 Mil) to Dec. 2023 (₺8,512 Mil).

Petkim Petrokimya Holding AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Petkim Petrokimya Holding 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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Petkim Petrokimya Holding AS Accounts Payable & Accrued Expense Chart

Petkim Petrokimya Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,011.01

1,256.90

4,182.13

4,588.03

8,512.18

Petkim Petrokimya Holding AS 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															4,588.03	3,750.31	8,442.85	5,389.32	8,512.18

Petkim Petrokimya Holding 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.

Petkim Petrokimya Holding AS (IST:PETKM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Petkim Petrokimya Holding AS (IST:PETKM) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Aliaga, P.O. Box 12, Izmir, TUR, 35800

Website

http://www.petkim.com.tr

Petkim Petrokimya Holding AS is a holding company, which through its subsidiaries, manufactures and sells a variety of petrochemicals, specialty chemicals, plastics, and chemical-based products. The firm's product portfolio includes polyvinyl chloride, or PVC, used in construction, polypropylene, polyethylene, glycols, and ethylene. The company's products are used in soaps, detergents, textiles, food and beverage packaging, retail goods packaging, water treatment, and airplane and railway de-icing. The vast majority of revenue comes from Turkey.

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