MNGA (MNG Havayollari ve Tasimacilik AS) Current Accrued Expense: $1.98 Mil (As of Dec. 2022)

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What is MNG Havayollari ve Tasimacilik AS Current Accrued Expense?

MNG Havayollari ve Tasimacilik AS MNGA Current Accrued Expense is $1.98 Mil as of Dec. 2022.

MNG Havayollari ve Tasimacilik AS's Current Accrued Expense for the quarter that ended in Dec. 2022 was $1.98 Mil.

MNG Havayollari ve Tasimacilik AS's quarterly Current Accrued Expense declined from Dec. 2021 ($1.68 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Dec. 2022 ($1.98 Mil).

MNG Havayollari ve Tasimacilik AS's annual Current Accrued Expense increased from Dec. 2020 ($1.54 Mil) to Dec. 2021 ($1.68 Mil) and increased from Dec. 2021 ($1.68 Mil) to Dec. 2022 ($1.98 Mil).

MNG Havayollari ve Tasimacilik AS Current Accrued Expense Related Terms

MNG Havayollari ve Tasimacilik AS Current Accrued Expense Historical Data

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

MNG Havayollari ve Tasimacilik AS Current Accrued Expense Chart

MNG Havayollari ve Tasimacilik AS Annual Data
Trend Dec20 Dec21 Dec22
Current Accrued Expense
1.54 1.68 1.98

MNG Havayollari ve Tasimacilik AS Quarterly Data
Dec20 Dec21 Sep22 Dec22
Current Accrued Expense 1.54 1.68 0.00 1.98

MNG Havayollari ve Tasimacilik AS Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $1.98 Mil mean?
MNG Havayollari ve Tasimacilik AS (MNGA) has a Current Accrued Expense of $1.98 Mil as of Dec. 2022. Current Accrued Expense records the total amount of accrued expenses. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors.
Is MNG Havayollari ve Tasimacilik AS's Current Accrued Expense too high?
MNG Havayollari ve Tasimacilik AS's current Current Accrued Expense is $1.98 Mil.
How does MNG Havayollari ve Tasimacilik AS's Current Accrued Expense compare to ?
MNG Havayollari ve Tasimacilik AS's Current Accrued Expense of $1.98 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 Current Accrued Expense for a Transportation company?
A good Current Accrued Expense depends on the Transportation industry context. However, Current Accrued Expense 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 Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors. MNG Havayollari ve Tasimacilik AS's current Current Accrued Expense is $1.98 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 Current Accrued Expense of $1.98 Mil. The current Current Accrued Expense is $1.98 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For MNG Havayollari ve Tasimacilik AS (MNGA), the current Current Accrued Expense is $1.98 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.