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AK Steel Holding Corp (NYSE:AKS)
Accounts Payable
$1,085 Mil (As of Sep. 2015)

AK Steel Holding Corp's quarterly accounts payable declined from Mar. 2015 ($1,086 Mil) to Jun. 2015 ($1,051 Mil) but then increased from Jun. 2015 ($1,051 Mil) to Sep. 2015 ($1,085 Mil).

AK Steel Holding Corp's annual accounts payable increased from Dec. 2012 ($812 Mil) to Dec. 2013 ($831 Mil) and increased from Dec. 2013 ($831 Mil) to Dec. 2014 ($1,125 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

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

AK Steel Holding Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 7758027347408448868128311,1251,043

AK Steel Holding Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Accts Payable 8228318678821,1561,1251,0861,0511,0851,043
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