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Turk Traktor ve Ziraat Makineleri AS (IST:TTRAK) Accounts Payable & Accrued Expense : ₺12,658 Mil (As of Mar. 2025)


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What is Turk Traktor ve Ziraat Makineleri AS Accounts Payable & Accrued Expense?

Turk Traktor ve Ziraat Makineleri AS's quarterly accounts payable & accrued expense increased from Sep. 2024 (₺7,412 Mil) to Dec. 2024 (₺7,908 Mil) and increased from Dec. 2024 (₺7,908 Mil) to Mar. 2025 (₺12,658 Mil).

Turk Traktor ve Ziraat Makineleri AS's annual accounts payable & accrued expense increased from Dec. 2022 (₺8,567 Mil) to Dec. 2023 (₺14,484 Mil) but then declined from Dec. 2023 (₺14,484 Mil) to Dec. 2024 (₺7,908 Mil).


Turk Traktor ve Ziraat Makineleri AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Turk Traktor ve Ziraat Makineleri 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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Turk Traktor ve Ziraat Makineleri AS Accounts Payable & Accrued Expense Chart

Turk Traktor ve Ziraat Makineleri AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,542.52 2,487.15 8,566.53 14,484.47 7,908.33

Turk Traktor ve Ziraat Makineleri AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16,911.52 9,633.36 7,412.08 7,908.33 12,658.47

Turk Traktor ve Ziraat Makineleri 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.


Turk Traktor ve Ziraat Makineleri AS Business Description

Traded in Other Exchanges
N/A
Address
Gazi Mahallesi Anadolu Boulevard No: 52 - 52A, Yenimahalle, Ankara, TUR, 06560
Turk Traktor ve Ziraat Makineleri AS is one of the largest tractor manufacturers in Turkey. It sells tractors, combine harvesters, planters, cotton pickers, and other agricultural machinery and equipment. The company's worldwide sales and marketing network generates recurring aftermarket sales and showcases new features in product development. Plants are equipped with gear and heat treatment facilities, specialized machines, engine manufacturing facilities, paint shops, and assembly lines. The company also operates quality control labs, testing equipment, and incorporates research and development to design and produce innovative solutions. Most parts and components are manufactured internally, but the company may use third parties to meet international quality standards.

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