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The Scotts Miracle Gro Co (NYSE:SMG)
Accounts Payable
{IF BankInsurance_zone 1}
$304 Mil (As of )Sep. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

The Scotts Miracle Gro Cos quarterly accounts payable declined from Mar. 2016 ($294 Mil) to Jun. 2016 ($294 Mil) but then increased from Jun. 2016 ($250 Mil) to Sep. 2016 ($304 Mil)

The Scotts Miracle Gro Cos quarterly accounts payable declined from Sep. 2014 ($336 Mil) to Sep. 2015 ($336 Mil) and declined from Sep. 2015 ($317 Mil) to Sep. 2016 ($304 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

{data_exp}

The Scotts Miracle Gro Co Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
Accts Payable 500528469403321344307336317304
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Accts Payable 279336220295309317234294250304
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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