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Airgas Inc (NYSE:ARG)
Accounts Payable
$533 Mil (As of Jun. 2014)

Airgas Inc's quarterly accounts payable declined from Dec. 2013 ($476 Mil) to Mar. 2014 ($390 Mil) but then increased from Mar. 2014 ($390 Mil) to Jun. 2014 ($533 Mil).

Airgas Inc's annual accounts payable declined from Mar. 2012 ($501 Mil) to Mar. 2013 ($389 Mil) but then increased from Mar. 2013 ($389 Mil) to Mar. 2014 ($390 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

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
Accts Payable 326344258451412349418501389390

Airgas Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 501512497505389483477476390533
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