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JC Penney Co Inc's quarterly accounts payable increased from Jul. 2014 ($2,160 Mil) to Oct. 2014 ($2,452 Mil) but then declined from Oct. 2014 ($2,452 Mil) to Dec. 2014 ($0 Mil).
JC Penney Co Inc's annual accounts payable increased from Jan. 2012 ($2,525 Mil) to Jan. 2013 ($2,542 Mil) but then declined from Jan. 2013 ($2,542 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