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Maxim Integrated Products Inc (NAS:MXIM)
Accounts Payable
$308 Mil (As of Sep. 2014)

Maxim Integrated Products Inc's quarterly accounts payable increased from Mar. 2014 ($365 Mil) to Jun. 2014 ($373 Mil) but then declined from Jun. 2014 ($373 Mil) to Sep. 2014 ($308 Mil).

Maxim Integrated Products Inc's annual accounts payable declined from Jun. 2012 ($426 Mil) to Jun. 2013 ($378 Mil) and declined from Jun. 2013 ($378 Mil) to Jun. 2014 ($373 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.

Maxim Integrated Products Inc Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
Accts Payable 271389361397252507377426378373

Maxim Integrated Products Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Accts Payable 426352344377378303353365373308
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