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Titanium Metals Corporation's quarterly accounts payable increased from Mar. 2012 ($144 Mil) to Jun. 2012 ($171 Mil) but then declined from Jun. 2012 ($171 Mil) to Sep. 2012 ($125 Mil).
Titanium Metals Corporation's annual accounts payable increased from Dec. 2009 ($83 Mil) to Dec. 2010 ($122 Mil) and increased from Dec. 2010 ($122 Mil) to Dec. 2011 ($183 Mil).
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.
Titanium Metals Corporation Annual Data
Titanium Metals Corporation Semi-Annual Data