MNGA (MNG Havayollari ve Tasimacilik AS) Accounts Payable: $28.90 Mil (As of Dec. 2022)

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What is MNG Havayollari ve Tasimacilik AS Accounts Payable?

MNG Havayollari ve Tasimacilik AS MNGA Accounts Payable is $28.90 Mil as of Dec. 2022.

MNG Havayollari ve Tasimacilik AS's Accounts Payable for the quarter that ended in Dec. 2022 was $28.90 Mil.

MNG Havayollari ve Tasimacilik AS's quarterly Accounts Payable increased from Dec. 2021 ($27.19 Mil) to Sep. 2022 ($31.48 Mil) but then declined from Sep. 2022 ($31.48 Mil) to Dec. 2022 ($28.90 Mil).

MNG Havayollari ve Tasimacilik AS's annual Accounts Payable increased from Dec. 2020 ($22.30 Mil) to Dec. 2021 ($27.19 Mil) and increased from Dec. 2021 ($27.19 Mil) to Dec. 2022 ($28.90 Mil).

MNG Havayollari ve Tasimacilik AS Accounts Payable Related Terms

MNG Havayollari ve Tasimacilik AS Accounts Payable Historical Data

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The historical data trend for MNG Havayollari ve Tasimacilik AS's Accounts Payable 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.

MNG Havayollari ve Tasimacilik AS Accounts Payable Chart

MNG Havayollari ve Tasimacilik AS Annual Data
Trend Dec20 Dec21 Dec22
Accounts Payable
22.30 27.19 28.90

MNG Havayollari ve Tasimacilik AS Quarterly Data
Dec20 Dec21 Sep22 Dec22
Accounts Payable 22.30 27.19 31.48 28.90

MNG Havayollari ve Tasimacilik AS Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $28.90 Mil mean?
MNG Havayollari ve Tasimacilik AS (MNGA) has a Accounts Payable of $28.90 Mil as of Dec. 2022. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors.
Is MNG Havayollari ve Tasimacilik AS's Accounts Payable too high?
MNG Havayollari ve Tasimacilik AS's current Accounts Payable is $28.90 Mil.
How does MNG Havayollari ve Tasimacilik AS's Accounts Payable compare to ?
MNG Havayollari ve Tasimacilik AS's Accounts Payable of $28.90 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Transportation company?
A good Accounts Payable depends on the Transportation industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors. MNG Havayollari ve Tasimacilik AS's current Accounts Payable is $28.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MNG Havayollari ve Tasimacilik AS stock overvalued right now?
MNG Havayollari ve Tasimacilik AS (MNGA) has a current Accounts Payable of $28.90 Mil. The current Accounts Payable is $28.90 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For MNG Havayollari ve Tasimacilik AS (MNGA), the current Accounts Payable is $28.90 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MNG Havayollari ve Tasimacilik AS Business Description

Comparable Companies
Address WOW Convention Center ?DTM, Yesilkoy/Bakirkoy, Istanbul, TUR, 34149
MNG Havayollari ve Tasimacilik AS is an independent logistics provider mainly in the EMEA region and a global e-commerce enabler. Its service offerings include scheduled and block space, charter, ACMI, special cargo, warehouse, handling and technical services. MNG's diversified business model provides MNG with a competitive advantage in the air cargo market, as it gives MNG the opportunity to provide customized services to its customers in accordance with needs and expectations. The company recognizes revenue for its global multimodal operations based on the origin of transported cargo carried on each flight.