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Apollo Education Group Inc (NAS:APOL)
Accounts Payable
$415 Mil (As of Aug. 2014)

Apollo Education Group Inc's quarterly accounts payable declined from Feb. 2014 ($380 Mil) to May. 2014 ($259 Mil) but then increased from May. 2014 ($259 Mil) to Aug. 2014 ($415 Mil).

Apollo Education Group Inc's annual accounts payable increased from Aug. 2012 ($380 Mil) to Aug. 2013 ($406 Mil) and increased from Aug. 2013 ($406 Mil) to Aug. 2014 ($415 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.

Apollo Education Group Inc Annual Data

Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14
Accts Payable 101135184168335466468380406415

Apollo Education Group Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
Accts Payable 340380300350270406314380259415
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