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Scotts Miracle Gro Co (NYSE:SMG)
Accounts Payable
$231 Mil (As of Dec. 2013)

Scotts Miracle Gro Co's quarterly accounts payable increased from Jun. 2013 ($231 Mil) to Sep. 2013 ($307 Mil) but then declined from Sep. 2013 ($307 Mil) to Dec. 2013 ($231 Mil).

Scotts Miracle Gro Co's annual accounts payable increased from Sep. 2011 ($321 Mil) to Sep. 2012 ($344 Mil) but then declined from Sep. 2012 ($344 Mil) to Sep. 2013 ($307 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.

Scotts Miracle Gro Co Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
Accts Payable 412475490500402469381321344307

Scotts Miracle Gro Co Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Accts Payable 321220346243344186328231307231
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