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Walgreen Company's quarterly accounts payable increased from Aug. 2013 ($6,084 Mil) to Nov. 2013 ($8,250 Mil) but then declined from Nov. 2013 ($8,250 Mil) to Feb. 2014 ($7,922 Mil).
Walgreen Company's annual accounts payable declined from Aug. 2011 ($8,070 Mil) to Aug. 2012 ($5,610 Mil) but then increased from Aug. 2012 ($5,610 Mil) to Aug. 2013 ($6,084 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.
Walgreen Company Annual Data
Walgreen Company Quarterly Data