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GuruFocus has detected 3 Warning Signs with M.D.C. Holdings Inc $MDC.
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M.D.C. Holdings Inc (NYSE:MDC)
Accounts Payable
{IF BankInsurance_zone 1}
$202 Mil (As of )Sep. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

M.D.C. Holdings Incs quarterly accounts payable increased from Mar. 2016 ($185 Mil) to Jun. 2016 ($185 Mil) but then declined from Jun. 2016 ($205 Mil) to Sep. 2016 ($202 Mil)

M.D.C. Holdings Incs quarterly accounts payable declined from Dec. 2013 ($213 Mil) to Dec. 2014 ($213 Mil) but then increased from Dec. 2014 ($191 Mil) to Dec. 2015 ($195 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.

Historical Data


M.D.C. Holdings Inc Annual Data

Accts Payable 591229362329296139234213191195
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data


{COMPANY->company} Semi-Annual Data

Accts Payable 56207191167180178195185205202

Accounts Payable does not apply to insurance companies.

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