Alarko Holding AS (IST:ALARK) Accounts Payable & Accrued Expense : ₺6,624 Mil (As of Dec. 2023)

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What is Alarko Holding AS Accounts Payable & Accrued Expense?

Alarko Holding AS's quarterly accounts payable & accrued expense increased from Jun. 2023 (₺4,717 Mil) to Sep. 2023 (₺5,197 Mil) and increased from Sep. 2023 (₺5,197 Mil) to Dec. 2023 (₺6,624 Mil).

Alarko Holding AS's annual accounts payable & accrued expense increased from Dec. 2021 (₺532 Mil) to Dec. 2022 (₺7,199 Mil) but then declined from Dec. 2022 (₺7,199 Mil) to Dec. 2023 (₺6,624 Mil).

Alarko Holding AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Alarko Holding 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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Alarko Holding AS Accounts Payable & Accrued Expense Chart

Alarko Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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322.90

159.93

531.78

7,199.15

6,624.08

Alarko Holding AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7,199.15	3,928.94	4,716.72	5,196.87	6,624.08

Alarko Holding 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.

Alarko Holding AS (IST:ALARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Alarko Holding AS (IST:ALARK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Muallim Naci Caddesi No. 69, Ortakoy, Istanbul, TUR, 34347

Website

https://www.alarko.com.tr

Alarko Holding AS is a holding company consisting of companies that operate in contracting, construction, land development, industry, trade, tourism, and energy. The company's segments include holding, tourism, industry and merchandising, energy, contracting/land development. Its contracting group operates as a general contractor in Turkey and abroad and carries out airport and rail system projects, large scale infrastructure works, constructions of industrial plants, hospitals, and other such projects. The majority of the revenue is derived from the contracting and land development segment.

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