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Bank of New York Mellon Corp (NYSE:BK)
Accounts Payable
$23,675 Mil (As of Jun. 2014)

Bank of New York Mellon Corp's quarterly accounts payable increased from Dec. 2013 ($22,703 Mil) to Mar. 2014 ($23,093 Mil) and increased from Mar. 2014 ($23,093 Mil) to Jun. 2014 ($23,675 Mil).

Bank of New York Mellon Corp's annual accounts payable increased from Dec. 2011 ($12,671 Mil) to Dec. 2012 ($23,411 Mil) but then declined from Dec. 2012 ($23,411 Mil) to Dec. 2013 ($22,692 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Bank of New York Mellon Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 13,22912,90912,59515,67913,32615,2059,96212,67123,41122,692

Bank of New York Mellon Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Accts Payable 13,30513,67523,41122,56222,60721,76022,70323,09323,67526,637
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