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Landstar System Inc (NAS:LSTR)
Accounts Payable
$221 Mil (As of Mar. 2015)

Landstar System Inc's quarterly accounts payable increased from Sep. 2014 ($232 Mil) to Dec. 2014 ($289 Mil) but then declined from Dec. 2014 ($289 Mil) to Mar. 2015 ($221 Mil).

Landstar System Inc's annual accounts payable increased from Dec. 2012 ($253 Mil) to Dec. 2013 ($266 Mil) and increased from Dec. 2013 ($266 Mil) to Dec. 2014 ($289 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

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Landstar System Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 185132132118121137240253266289

Landstar System Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Accts Payable 253245256284266265273232289221
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