GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vakko Tekstil Ve Hazir Giyim Sanayi Isletmeleri AS (IST:VAKKO) » Definitions » Accounts Payable & Accrued Expense

Vakko Tekstil Ve Hazir Giyimnayi Isletmeleri AS (IST:VAKKO) Accounts Payable & Accrued Expense : ₺1,905 Mil (As of Mar. 2025)


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What is Vakko Tekstil Ve Hazir Giyimnayi Isletmeleri AS Accounts Payable & Accrued Expense?

Vakko Tekstil Ve Hazir Giyimnayi Isletmeleri AS's quarterly accounts payable & accrued expense increased from Sep. 2024 (₺1,592 Mil) to Dec. 2024 (₺2,033 Mil) but then declined from Dec. 2024 (₺2,033 Mil) to Mar. 2025 (₺1,905 Mil).

Vakko Tekstil Ve Hazir Giyimnayi Isletmeleri AS's annual accounts payable & accrued expense increased from Dec. 2022 (₺1,479 Mil) to Dec. 2023 (₺2,294 Mil) but then declined from Dec. 2023 (₺2,294 Mil) to Dec. 2024 (₺2,033 Mil).


Vakko Tekstil Ve Hazir Giyimnayi Isletmeleri AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vakko Tekstil Ve Hazir Giyimnayi Isletmeleri 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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Vakko Tekstil Ve Hazir Giyimnayi Isletmeleri AS Accounts Payable & Accrued Expense Chart

Vakko Tekstil Ve Hazir Giyimnayi Isletmeleri 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 211.47 419.99 1,479.28 2,293.76 2,033.13

Vakko Tekstil Ve Hazir Giyimnayi Isletmeleri AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 1,665.17 1,560.86 1,591.77 2,033.13 1,905.19

Vakko Tekstil Ve Hazir Giyimnayi Isletmeleri 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.


Vakko Tekstil Ve Hazir Giyimnayi Isletmeleri AS Business Description

Traded in Other Exchanges
N/A
Address
Ltunizade mah. kusbakisi St. number 35, Uskudar, Istanbul, TUR
Vakko Tekstil Ve Hazir Giyim Sanayi Isletmeleri AS is engaged in the production and sale of screen printing and ready-made clothing, and operates in the luxury retail sector. The company continues its retail activities with Vakko, Vakkorama, Vakko Butik W Collection, Vakko Wedding, Vakko Home and other brand partnerships.

Vakko Tekstil Ve Hazir Giyimnayi Isletmeleri AS Headlines

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