Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) Tax Expense: ₺ Mil (TTM As of Dec. 2023)


IST:KOTON Koton Magazacilik Tekstil Sanayi Ve Ticaret AS IST:KOTON
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What is Koton Magazacilik Tekstilnayi Ve Ticaret AS Tax Expense?

Koton Magazacilik Tekstilnayi Ve Ticaret AS IST:KOTON -8.93% 20 Tax Expense is ₺ Mil as of Dec. 2023. GuruFocus rates IST:KOTON with a GF Score™ of 20/100.

Koton Magazacilik Tekstilnayi Ve Ticaret AS's tax expense for the six months ended in Dec. 2023 was ₺435 Mil.


Koton Magazacilik Tekstilnayi Ve Ticaret AS  (IST:KOTON) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Koton Magazacilik Tekstilnayi Ve Ticaret AS Tax Expense Related Terms


Koton Magazacilik Tekstilnayi Ve Ticaret AS Tax Expense Historical Data

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The historical data trend for Koton Magazacilik Tekstilnayi Ve Ticaret AS's Tax 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.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Tax Expense Chart

Koton Magazacilik Tekstilnayi Ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23
Tax Expense
-177.78 424.96 435.28

Koton Magazacilik Tekstilnayi Ve Ticaret AS Semi-Annual Data
Dec21 Dec22 Dec23
Tax Expense -177.78 424.96 435.28
IST:KOTON
20GF Score
Koton Magazacilik Tekstil Sanayi Ve Ticaret AS IST:KOTON
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Koton Magazacilik Tekstilnayi Ve Ticaret AS Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of ₺ Mil mean?
Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) has a Tax Expense of ₺ Mil as of Dec. 2023. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Koton Magazacilik Tekstilnayi Ve Ticaret AS and its competitors.
Is Koton Magazacilik Tekstilnayi Ve Ticaret AS's Tax Expense too high?
Koton Magazacilik Tekstilnayi Ve Ticaret AS's current Tax Expense is ₺ Mil. Overall, Koton Magazacilik Tekstilnayi Ve Ticaret AS has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Koton Magazacilik Tekstilnayi Ve Ticaret AS's Tax Expense compare to RL and LEVI?
Koton Magazacilik Tekstilnayi Ve Ticaret AS's Tax Expense of ₺ Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Manufacturing - Apparel & Accessories company?
A good Tax Expense depends on the Manufacturing - Apparel & Accessories industry context. However, Tax 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 Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Koton Magazacilik Tekstilnayi Ve Ticaret AS and its competitors. Koton Magazacilik Tekstilnayi Ve Ticaret AS's current Tax Expense is ₺ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koton Magazacilik Tekstilnayi Ve Ticaret AS stock overvalued right now?
Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) has a current Tax Expense of ₺ Mil. The current Tax Expense is ₺ Mil. Koton Magazacilik Tekstilnayi Ve Ticaret AS's overall GF Score™ is 20/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON), the current Tax Expense is ₺ Mil as of Dec. 2023. 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.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Business Description

Address Ayazaga Street, No:3, Ic Kapi No:5, Ayazaga District, Istanbul, TUR
Koton Magazacilik Tekstil Sanayi Ve Ticaret AS is a Fashion company that has grown into a regional retail ready-to-wear company that designs and sells Koton branded products in four continents. Its field of activity is to design and produce all kinds of textile and accessory products and to sell stores (retail sales) operated by itself or by Franchisees at home and abroad, through its website koton.com and the Company's mobile application. e-commerce channel, including local and international online marketplaces.
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