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A O Smith Corp (NYSE:AOS)
Accounts Payable
$523 Mil (As of Jun. 2015)

A O Smith Corp's quarterly accounts payable declined from Dec. 2014 ($549 Mil) to Mar. 2015 ($505 Mil) but then increased from Mar. 2015 ($505 Mil) to Jun. 2015 ($523 Mil).

A O Smith Corp's annual accounts payable increased from Dec. 2012 ($445 Mil) to Dec. 2013 ($530 Mil) and increased from Dec. 2013 ($530 Mil) to Dec. 2014 ($549 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.

A O Smith Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 283391420374444471419445530549

A O Smith Corp Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Accts Payable 411437475530476490527549505523
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