Ihlas Holding AS (IST:IHLAS) Accounts Payable & Accrued Expense : ₺1,006 Mil (As of Sep. 2023)

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What is Ihlas Holding AS Accounts Payable & Accrued Expense?

Ihlas Holding AS's quarterly accounts payable & accrued expense increased from Mar. 2023 (₺1,072 Mil) to Jun. 2023 (₺1,128 Mil) but then declined from Jun. 2023 (₺1,128 Mil) to Sep. 2023 (₺1,006 Mil).

Ihlas Holding AS's annual accounts payable & accrued expense increased from Dec. 2020 (₺227 Mil) to Dec. 2021 (₺678 Mil) but then declined from Dec. 2021 (₺678 Mil) to Dec. 2022 (₺559 Mil).

Ihlas Holding AS Accounts Payable & Accrued Expense Historical Data

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

Ihlas Holding AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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306.04

303.67

227.32

677.73

559.42

Ihlas Holding AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															565.48	559.42	1,071.79	1,127.51	1,006.14

Ihlas 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.

Ihlas Holding AS (IST:IHLAS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

Merkez Mahallesi 29 Ekim Caddesi, Ihlas Plaza No: 11 B/21, Yenibosna, Bahcelievler, Istanbul, TUR, 34197

Website

https://www.ihlas.com.tr

Ihlas Holding AS is a Turkey-based holding company. The company's operating segment includes Construction; Marketing; Media and Others. It generates maximum revenue from the Marketing segment. The construction segment includes real estate trading, construction projects, installation and contracting work, tourism and health investments, marketing, operating, and other construction operations. The Media Segment involves publishing, selling, distributing and marketing of newspapers, photography, TV and radio broadcasting abroad and all kinds of advertising in Turkey. The Marketing segment includes home appliances manufacturing, all kinds of motorized and non-motorized vehicles production, import, export, consumer durable trade, and its marketing. Geographically, it operates only in Turkey.

Ihlas Holding AS (IST:IHLAS) Headlines

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