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Maxim Integrated Products Inc (NAS:MXIM)
Accounts Payable
$365 Mil (As of Mar. 2014)

Maxim Integrated Products Inc's quarterly accounts payable increased from Sep. 2013 ($303 Mil) to Dec. 2013 ($347 Mil) and increased from Dec. 2013 ($347 Mil) to Mar. 2014 ($365 Mil).

Maxim Integrated Products Inc's annual accounts payable increased from Jun. 2011 ($377 Mil) to Jun. 2012 ($426 Mil) but then declined from Jun. 2012 ($426 Mil) to Jun. 2013 ($376 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 271389361397252507377426376373

Maxim Integrated Products Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 409426352344377376303347365373
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