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Cisco Systems Inc's quarterly accounts payable & accrued expense declined from Jul. 2015 ($4,215 Mil) to Oct. 2015 ($3,852 Mil) but then increased from Oct. 2015 ($3,852 Mil) to Jan. 2016 ($3,999 Mil).
Cisco Systems Inc's annual accounts payable & accrued expense declined from Jul. 2013 ($4,403 Mil) to Jul. 2014 ($4,372 Mil) and declined from Jul. 2014 ($4,372 Mil) to Jul. 2015 ($4,215 Mil).
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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Cisco Systems Inc Annual Data
|Accounts Payable & Accrued Expense||5,161||6,227||3,404||3,376||4,114||4,159||4,063||4,403||4,372||4,215|
Cisco Systems Inc Quarterly Data
|Accounts Payable & Accrued Expense||3,297||3,864||4,372||3,754||3,682||3,924||4,215||3,852||3,999||3,904|