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Airgas Inc (NYSE:ARG)
Accounts Payable
$519 Mil (As of Mar. 2015)

Airgas Inc's quarterly accounts payable increased from Sep. 2014 ($520 Mil) to Dec. 2014 ($553 Mil) but then declined from Dec. 2014 ($553 Mil) to Mar. 2015 ($519 Mil).

Airgas Inc's annual accounts payable increased from Mar. 2013 ($389 Mil) to Mar. 2014 ($508 Mil) and increased from Mar. 2014 ($508 Mil) to Mar. 2015 ($519 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.

Airgas Inc Annual Data

Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15
Accts Payable 344258451412349418501389508519

Airgas Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Accts Payable 389483477476508533520553519552
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