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Landstar System, Inc.'s quarterly accounts payable increased from Jun. 2013 ($256 Mil) to Sep. 2013 ($284 Mil) but then declined from Sep. 2013 ($284 Mil) to Dec. 2013 ($250 Mil).
Landstar System, Inc.'s annual accounts payable increased from Dec. 2011 ($240 Mil) to Dec. 2012 ($253 Mil) but then declined from Dec. 2012 ($253 Mil) to Dec. 2013 ($250 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.
Landstar System, Inc. Annual Data
Landstar System, Inc. Quarterly Data