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Red Hat Inc's quarterly accounts payable declined from Nov. 2013 ($191 Mil) to Feb. 2014 ($179 Mil) but then increased from Feb. 2014 ($179 Mil) to May. 2014 ($186 Mil).
Red Hat Inc's annual accounts payable increased from Feb. 2012 ($114 Mil) to Feb. 2013 ($154 Mil) and increased from Feb. 2013 ($154 Mil) to Feb. 2014 ($179 Mil).
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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Red Hat Inc Annual Data
Red Hat Inc Quarterly Data