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A O Smith Corp's quarterly accounts payable declined from Dec. 2013 ($530 Mil) to Mar. 2014 ($476 Mil) but then increased from Mar. 2014 ($476 Mil) to Jun. 2014 ($490 Mil).
A O Smith Corp's annual accounts payable increased from Dec. 2011 ($419 Mil) to Dec. 2012 ($445 Mil) and increased from Dec. 2012 ($445 Mil) to Dec. 2013 ($530 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.
A O Smith Corp Annual Data
A O Smith Corp Quarterly Data