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Landstar System Inc (NAS:LSTR)
Accounts Payable
{IF BankInsurance_zone 1}
$191 Mil (As of )Jun. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Landstar System Incs quarterly accounts payable declined from Dec. 2015 ($224 Mil) to Mar. 2016 ($224 Mil) but then increased from Mar. 2016 ($172 Mil) to Jun. 2016 ($191 Mil)

Landstar System Incs quarterly accounts payable declined from Dec. 2013 ($266 Mil) to Dec. 2014 ($266 Mil) and declined from Dec. 2014 ($265 Mil) to Dec. 2015 ($224 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}

Landstar System Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 132132118121137240253266265224
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Accts Payable 265273232265221239206224172191
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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