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AK Steel Holding Corp (NYSE:AKS)
Accounts Payable
$1,156 Mil (As of Sep. 2014)

AK Steel Holding Corp's quarterly accounts payable increased from Mar. 2014 ($867 Mil) to Jun. 2014 ($882 Mil) and increased from Jun. 2014 ($882 Mil) to Sep. 2014 ($1,156 Mil).

AK Steel Holding Corp's annual accounts payable declined from Dec. 2011 ($886 Mil) to Dec. 2012 ($812 Mil) but then increased from Dec. 2012 ($812 Mil) to Dec. 2013 ($831 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 587666775802734740844886812831

AK Steel Holding Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Accts Payable 9299148128888428228318678821,156
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