Turkiye Halk Bankasi AS (IST:HALKB) Accounts Payable & Accrued Expense : ₺8,427 Mil (As of Jun. 2024)

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What is Turkiye Halk Bankasi AS Accounts Payable & Accrued Expense?

Turkiye Halk Bankasi AS's quarterly accounts payable & accrued expense increased from Dec. 2023 (₺5,184 Mil) to Mar. 2024 (₺5,233 Mil) and increased from Mar. 2024 (₺5,233 Mil) to Jun. 2024 (₺8,427 Mil).

Turkiye Halk Bankasi AS's annual accounts payable & accrued expense increased from Dec. 2021 (₺949 Mil) to Dec. 2022 (₺9,678 Mil) but then declined from Dec. 2022 (₺9,678 Mil) to Dec. 2023 (₺5,184 Mil).

Turkiye Halk Bankasi AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Turkiye Halk Bankasi 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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Turkiye Halk Bankasi AS Accounts Payable & Accrued Expense Chart

Turkiye Halk Bankasi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,333.29

778.41

949.02

9,678.37

5,183.78

Turkiye Halk Bankasi AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,608.38	3,309.69	5,183.78	5,233.45	8,427.39

Turkiye Halk Bankasi 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.

Turkiye Halk Bankasi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Turkiye Halk Bankasi AS (IST:HALKB) » Definitions » Accounts Payable & Accrued Expense

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Address

Barbaros Mahallesi, Sebboy Sokak No 4/1 34746, Atasehir, Istanbul, TUR, 34746

Website

http://www.halkbank.com.tr

Turkiye Halk Bankasi AS is a bank operating in Turkey. The bank's controlling shareholder is the Privatization Administration of Turkey, a government agency. Halkbank's strategic focus since its founding is customer service and small to midsize enterprise banking, with a significant portion of its total loan portfolio dedicated to this segment. Halkbank specifically offers loans and products tailored for SMEs. Net interest income constitutes a majority of the bank's net revenue, of which its SME segment is the majority contributor. A significant portion of its nonperforming loans come from the manufacturing industry.

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