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JC Penney Co Inc's quarterly accounts payable declined from Oct. 2013 ($2,678 Mil) to Jan. 2014 ($2,146 Mil) and declined from Jan. 2014 ($2,146 Mil) to Apr. 2014 ($2,008 Mil).
JC Penney Co Inc's annual accounts payable increased from Jan. 2012 ($2,214 Mil) to Jan. 2013 ($2,557 Mil) but then declined from Jan. 2013 ($2,557 Mil) to Jan. 2014 ($2,146 Mil).
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.
JC Penney Co Inc Annual Data
JC Penney Co Inc Quarterly Data