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Apollo Education Group Inc (NAS:APOL)
Accounts Payable & Accrued Expense
$339 Mil (As of Feb. 2016)

Apollo Education Group Inc's quarterly accounts payable & accrued expense declined from Aug. 2015 ($333 Mil) to Nov. 2015 ($291 Mil) but then increased from Nov. 2015 ($291 Mil) to Feb. 2016 ($339 Mil).

Apollo Education Group Inc's annual accounts payable & accrued expense increased from Aug. 2013 ($406 Mil) to Aug. 2014 ($415 Mil) but then declined from Aug. 2014 ($415 Mil) to Aug. 2015 ($333 Mil).


Definition

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

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

Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15
Accounts Payable & Accrued Expense 135184174335466468380406415333

Apollo Education Group Inc Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
Accounts Payable & Accrued Expense 314380259415258380325333291339
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