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Mylan Inc (NAS:MYL)
Accounts Payable
$1,744 Mil (As of Sep. 2014)

Mylan Inc's quarterly accounts payable declined from Mar. 2014 ($1,697 Mil) to Jun. 2014 ($1,037 Mil) but then increased from Jun. 2014 ($1,037 Mil) to Sep. 2014 ($1,744 Mil).

Mylan Inc's annual accounts payable increased from Dec. 2011 ($746 Mil) to Dec. 2012 ($1,476 Mil) and increased from Dec. 2012 ($1,476 Mil) to Dec. 2013 ($1,907 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.

Mylan Inc Annual Data

Mar04Mar05Mar06Mar07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 99151771606785875807461,4761,907

Mylan Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Accts Payable 7361,3441,4761,3641,5641,6561,9071,6971,0371,744
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