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Ralph Lauren Corp's quarterly accounts payable & accrued expense increased from Sep. 2015 ($1,089 Mil) to Dec. 2015 ($1,126 Mil) but then declined from Dec. 2015 ($1,126 Mil) to Mar. 2016 ($985 Mil).
Ralph Lauren Corp's annual accounts payable & accrued expense declined from Mar. 2014 ($913 Mil) to Mar. 2015 ($877 Mil) but then increased from Mar. 2015 ($877 Mil) to Mar. 2016 ($985 Mil).
Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.
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.
Ralph Lauren Corp Annual Data
|Accounts Payable & Accrued Expense||526||673||627||697||785||896||810||913||877||985|
Ralph Lauren Corp Quarterly Data
|Accounts Payable & Accrued Expense||941||913||1,001||1,014||1,082||877||1,014||1,089||1,126||985|