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Red Hat Inc (NYSE:RHT)
Accounts Payable
$212 Mil (As of Aug. 2014)

Red Hat Inc's quarterly accounts payable increased from Feb. 2014 ($179 Mil) to May. 2014 ($186 Mil) and increased from May. 2014 ($186 Mil) to Aug. 2014 ($212 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).


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.

Red Hat Inc Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
Accts Payable 293851616485107114154179

Red Hat Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
Accts Payable 124139156154142179191179186212
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