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Copart, Inc. (NAS:CPRT)
Accounts Payable
$160 Mil (As of Jan. 2014)

Copart, Inc.'s quarterly accounts payable increased from Jul. 2013 ($141 Mil) to Oct. 2013 ($176 Mil) but then declined from Oct. 2013 ($176 Mil) to Jan. 2014 ($160 Mil).

Copart, Inc.'s annual accounts payable increased from Jul. 2011 ($105 Mil) to Jul. 2012 ($106 Mil) and increased from Jul. 2012 ($106 Mil) to Jul. 2013 ($141 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.

Copart, Inc. Annual Data

Jul04Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13
Accts Payable 44576185898895105106141

Copart, Inc. Quarterly Data

Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14
Accts Payable 124104117106136131137141176160
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