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Red Hat Inc (NYSE:RHT)
Accounts Payable
{IF BankInsurance_zone 1}
$251 Mil (As of )May. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Red Hat Incs quarterly accounts payable increased from Nov. 2015 ($229 Mil) to Feb. 2016 ($229 Mil) but then declined from Feb. 2016 ($285 Mil) to May. 2016 ($251 Mil)

Red Hat Incs quarterly accounts payable increased from Feb. 2014 ($179 Mil) to Feb. 2015 ($179 Mil) and increased from Feb. 2015 ($238 Mil) to Feb. 2016 ($285 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}

Red Hat Inc Annual Data

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
Accts Payable 51616485107114154179238285
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
Accts Payable 179186212229238177213229285251
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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