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Airgas Inc (NYSE:ARG)
Accounts Payable & Accrued Expense
$480 Mil (As of Mar. 2016)

Airgas Inc's quarterly accounts payable & accrued expense declined from Sep. 2015 ($516 Mil) to Dec. 2015 ($447 Mil) but then increased from Dec. 2015 ($447 Mil) to Mar. 2016 ($480 Mil).

Airgas Inc's annual accounts payable & accrued expense increased from Mar. 2014 ($508 Mil) to Mar. 2015 ($519 Mil) but then declined from Mar. 2015 ($519 Mil) to Mar. 2016 ($480 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.

Airgas Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
Accounts Payable & Accrued Expense 258451412349418501389508519480

Airgas Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Accounts Payable & Accrued Expense 476508533520553519552516447480
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