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Medtronic PLC (NYSE:MDT)
Accounts Payable & Accrued Expense
$6,172 Mil (As of Apr. 2016)

Medtronic PLC's quarterly accounts payable & accrued expense increased from Oct. 2015 ($5,826 Mil) to Jan. 2016 ($5,988 Mil) and increased from Jan. 2016 ($5,988 Mil) to Apr. 2016 ($6,172 Mil).

Medtronic PLC's annual accounts payable & accrued expense increased from Apr. 2014 ($3,927 Mil) to Apr. 2015 ($6,620 Mil) but then declined from Apr. 2015 ($6,620 Mil) to Apr. 2016 ($6,172 Mil).


Definition

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

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.

Medtronic PLC Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
Accounts Payable & Accrued Expense 2,0542,3812,6252,5462,9912,6393,0243,9276,6206,172

Medtronic PLC Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
Accounts Payable & Accrued Expense 3,0013,9272,9372,9643,4116,6205,6905,8265,9886,172
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