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The Scotts Miracle Gro Co (NYSE:SMG)
Accounts Payable
{IF BankInsurance_zone 1}
$250 Mil (As of )Jun. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

The Scotts Miracle Gro Cos quarterly accounts payable increased from Dec. 2015 ($234 Mil) to Mar. 2016 ($234 Mil) but then declined from Mar. 2016 ($294 Mil) to Jun. 2016 ($250 Mil)

The Scotts Miracle Gro Cos quarterly accounts payable increased from Sep. 2013 ($307 Mil) to Sep. 2014 ($307 Mil) but then declined from Sep. 2014 ($336 Mil) to Sep. 2015 ($331 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

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
Accts Payable 490500402469381321344307336331
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Accts Payable 343279336220295309331234294250
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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