Hektas Ticaret AS (IST:HEKTS) Accounts Payable & Accrued Expense : ₺2,215 Mil (As of Dec. 2023)

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What is Hektas Ticaret AS Accounts Payable & Accrued Expense?

Hektas Ticaret AS's quarterly accounts payable & accrued expense increased from Jun. 2023 (₺1,669 Mil) to Sep. 2023 (₺2,577 Mil) but then declined from Sep. 2023 (₺2,577 Mil) to Dec. 2023 (₺2,215 Mil).

Hektas Ticaret AS's annual accounts payable & accrued expense increased from Dec. 2021 (₺882 Mil) to Dec. 2022 (₺1,763 Mil) and increased from Dec. 2022 (₺1,763 Mil) to Dec. 2023 (₺2,215 Mil).

Hektas Ticaret AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hektas Ticaret 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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Hektas Ticaret AS Accounts Payable & Accrued Expense Chart

Hektas Ticaret AS Annual Data

Trend

Dec14

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Dec18

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Dec23

Accounts Payable & Accrued Expense

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101.39

262.45

882.12

1,763.29

2,214.94

Hektas Ticaret 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															1,763.29	1,170.24	1,668.83	2,576.54	2,214.94

Hektas Ticaret 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.

Hektas Ticaret AS (IST:HEKTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Hektas Ticaret AS (IST:HEKTS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Gebze Organize Sanayi Bolgesi, Ihsan Dede Caddesi, 700. Sokak. No.711, Gebze, Kocaeli, TUR, 41480

Website

https://www.hektas.com.tr

Hektas Ticaret AS is a Turkey-based company involved in producing and marketing agricultural and veterinary medicines. Its offerings include agrochemicals, such as insecticides, herbicides, fungicides, leaf fertilizers, growth regulators, and fumigants; and veterinary pharmaceuticals. The majority of revenue is derived from domestic sales.

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