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Landstar System Inc's quarterly accounts payable declined from Dec. 2014 ($289 Mil) to Mar. 2015 ($221 Mil) but then increased from Mar. 2015 ($221 Mil) to Jun. 2015 ($239 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).
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