GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Turk Hava Yollari AO (IST:THYAO) » Definitions » Total Current Liabilities

Turk Hava Yollari AO (IST:THYAO) Total Current Liabilities : ₺303,438 Mil (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Turk Hava Yollari AO Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Turk Hava Yollari AO's total current liabilities for the quarter that ended in Mar. 2024 was ₺303,438

Turk Hava Yollari AO Total Current Liabilities Historical Data

The historical data trend for Turk Hava Yollari AO's Total Current Liabilities 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.

* Premium members only.

Turk Hava Yollari AO Total Current Liabilities Chart

Turk Hava Yollari AO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34,832.44 49,772.74 92,191.72 153,764.25 263,857.54

Turk Hava Yollari AO Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 171,655.49 228,197.34 239,697.84 263,857.54 303,438.32

Turk Hava Yollari AO Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Turk Hava Yollari AO's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=47543.504+108130.412
+Other Current Liabilities+Current Deferred Liabilities
=108183.625+0
=263,858

Turk Hava Yollari AO's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=63190.974+104870.126
+Other Current Liabilities+Current Deferred Liabilities
=135377.218+0
=303,438

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Turk Hava Yollari AO Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Turk Hava Yollari AO's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Turk Hava Yollari AO (IST:THYAO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Turk Hava Yollari AO (IST:THYAO) » Definitions » Total Current Liabilities
Comparable Companies
IST:PGSUS DAL DUB:RYA SHSE:601111 SHSE:600029 LUV SGX:C6L SHSE:600115 NSE:INDIGO UAL TSE:9202 SHSE:600221 XTER:LHA LSE:IAG TSE:9201 AAL SHSE:601021 HKSE:00293 XKRX:003490 ASX:QAN
Traded in Other Exchanges
TKHVY:USA TU5A:Germany
Address
Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149
Website
https://www.turkishairlines.com
Turk Hava Yollari AO is a Turkish airline operator. It has one of the largest flight networks in the world, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights, and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.

Turk Hava Yollari AO (IST:THYAO) Headlines

No Headlines