Sumas Suni Tahta VE Mobilyanayi AS (IST:SUMAS) Accounts Payable & Accrued Expense : ₺48.8 Mil (As of Jun. 2024)

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What is Sumas Suni Tahta VE Mobilyanayi AS Accounts Payable & Accrued Expense?

Sumas Suni Tahta VE Mobilyanayi AS's quarterly accounts payable & accrued expense declined from Dec. 2022 (₺22.0 Mil) to Jun. 2023 (₺0.0 Mil) but then increased from Jun. 2023 (₺0.0 Mil) to Jun. 2024 (₺48.8 Mil).

Sumas Suni Tahta VE Mobilyanayi AS's annual accounts payable & accrued expense increased from Dec. 2019 (₺4.1 Mil) to Dec. 2021 (₺12.3 Mil) and increased from Dec. 2021 (₺12.3 Mil) to Dec. 2022 (₺22.0 Mil).

Sumas Suni Tahta VE Mobilyanayi AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sumas Suni Tahta VE Mobilyanayi 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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Sumas Suni Tahta VE Mobilyanayi AS Accounts Payable & Accrued Expense Chart

Sumas Suni Tahta VE Mobilyanayi AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec21

Dec22

Accounts Payable & Accrued Expense

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3.96

4.07

4.08

12.27

22.05

Sumas Suni Tahta VE Mobilyanayi AS Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									12.27	23.39	22.05	-	48.80

Sumas Suni Tahta VE Mobilyanayi 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.

Sumas Suni Tahta VE Mobilyanayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sumas Suni Tahta VE Mobilya Sanayi AS (IST:SUMAS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

Yoloren Village, Edremite, Balikesir, TUR

Website

http://www.sumas.com.tr

Sumas Suni Tahta VE Mobilya Sanayi AS is engaged in the manufacture of paper. The company produces water-resistant green board and fire-resistant chipboard products. Its product is used in roofing, shingle underlay, flooring, construction of nurse resistant, flat and insulated surfaces, and shop construction and decoration and others.

Sumas Suni Tahta VE Mobilyanayi AS Headlines

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