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Monro Muffler Brake Inc (NAS:MNRO)
Accounts Payable
$105.9 Mil (As of Mar. 2014)

Monro Muffler Brake Inc's quarterly accounts payable increased from Sep. 2013 ($110.1 Mil) to Dec. 2013 ($111.2 Mil) but then declined from Dec. 2013 ($111.2 Mil) to Mar. 2014 ($105.9 Mil).

Monro Muffler Brake Inc's annual accounts payable increased from Mar. 2012 ($86.9 Mil) to Mar. 2013 ($108.8 Mil) but then declined from Mar. 2013 ($108.8 Mil) to Mar. 2014 ($0.0 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

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Monro Muffler Brake Inc Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
Accts Payable 37.141.645.045.157.979.780.486.9108.80.0

Monro Muffler Brake Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Accts Payable 88.586.992.690.995.6108.8112.3110.1111.2105.9
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