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Andersons Inc (NAS:ANDE)
Accounts Payable
$418 Mil (As of Mar. 2014)

Andersons Inc's quarterly accounts payable increased from Sep. 2013 ($506 Mil) to Dec. 2013 ($817 Mil) but then declined from Dec. 2013 ($817 Mil) to Mar. 2014 ($418 Mil).

Andersons Inc's annual accounts payable increased from Dec. 2011 ($595 Mil) to Dec. 2012 ($821 Mil) but then declined from Dec. 2012 ($821 Mil) to Dec. 2013 ($817 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.

Andersons Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 108109209307376387435595821817

Andersons Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 334330508821419419506817418389
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