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JC Penney Co Inc's quarterly accounts payable & accrued expense increased from Jul. 2015 ($2,292 Mil) to Oct. 2015 ($2,699 Mil) but then declined from Oct. 2015 ($2,699 Mil) to Jan. 2016 ($2,285 Mil).
JC Penney Co Inc's annual accounts payable & accrued expense declined from Jan. 2014 ($2,146 Mil) to Jan. 2015 ($2,100 Mil) but then increased from Jan. 2015 ($2,100 Mil) to Jan. 2016 ($2,285 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.
JC Penney Co Inc Annual Data
|Accounts Payable & Accrued Expense||3,058||3,135||2,794||2,856||2,647||2,525||2,542||2,146||2,100||2,285|
JC Penney Co Inc Quarterly Data
|Accounts Payable & Accrued Expense||2,678||2,146||1,928||2,078||2,368||2,100||2,091||2,292||2,699||2,285|