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Mueller Industries Inc (NYSE:MLI)
Accounts Payable
{IF BankInsurance_zone 1}
$136 Mil (As of )Jun. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Mueller Industries Incs quarterly accounts payable increased from Dec. 2015 ($124 Mil) to Mar. 2016 ($124 Mil) and increased from Mar. 2016 ($126 Mil) to Jun. 2016 ($136 Mil)

Mueller Industries Incs quarterly accounts payable increased from Dec. 2013 ($118 Mil) to Dec. 2014 ($118 Mil) but then declined from Dec. 2014 ($142 Mil) to Dec. 2015 ($124 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}

Mueller Industries Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 1391809999101105122118142124
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Accts Payable 137136127142131124148124126136
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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