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Educational Development Corp (NAS:EDUC)
Accounts Payable
{IF BankInsurance_zone 1}
$4.08 Mil (As of )Nov. 2014)
{IF AP_Q_zone 1}{ELSE} {/IF}

Educational Development Corps quarterly accounts payable declined from May. 2014 ($4.38 Mil) to Aug. 2014 ($4.38 Mil) but then increased from Aug. 2014 ($4.06 Mil) to Nov. 2014 ($4.08 Mil)

Educational Development Corps quarterly accounts payable declined from Feb. 2012 ($2.76 Mil) to Feb. 2013 ($2.76 Mil) but then increased from Feb. 2013 ($2.62 Mil) to Feb. 2014 ($3.52 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

{data_exp}

Educational Development Corp Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
Accts Payable 4.163.363.873.023.263.263.302.762.623.52
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14Nov14
Accts Payable 3.953.842.623.043.283.833.524.384.064.08
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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