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GuruFocus has detected 4 Warning Signs with Varian Medical Systems Inc $VAR.
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Varian Medical Systems Inc (NYSE:VAR)
Accounts Payable & Accrued Expense
$558 Mil (As of Dec. 2016)

Varian Medical Systems Inc's quarterly accounts payable & accrued expense increased from Jun. 2016 ($545 Mil) to Sep. 2016 ($550 Mil) and increased from Sep. 2016 ($550 Mil) to Dec. 2016 ($558 Mil).

Varian Medical Systems Inc's annual accounts payable & accrued expense increased from Sep. 2014 ($340 Mil) to Sep. 2015 ($493 Mil) and increased from Sep. 2015 ($493 Mil) to Sep. 2016 ($550 Mil).


Definition

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

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 local exchange's currency.

Varian Medical Systems Inc Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
Accounts Payable & Accrued Expense 385358420407492465453340493550

Varian Medical Systems Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Accounts Payable & Accrued Expense 340447449473493527527545550558
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