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Scotts Miracle Gro Co (NYSE:SMG)
Accounts Payable
$336 Mil (As of Sep. 2014)

Scotts Miracle Gro Co's quarterly accounts payable declined from Mar. 2014 ($343 Mil) to Jun. 2014 ($279 Mil) but then increased from Jun. 2014 ($279 Mil) to Sep. 2014 ($336 Mil).

Scotts Miracle Gro Co's annual accounts payable declined from Sep. 2012 ($344 Mil) to Sep. 2013 ($307 Mil) but then increased from Sep. 2013 ($307 Mil) to Sep. 2014 ($336 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

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
Accts Payable 475490500402469381321344307336

Scotts Miracle Gro Co Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Accts Payable 243344186328231307231343279336
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