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Astec Industries Inc (NAS:ASTE)
Accounts Payable
$86 Mil (As of Jun. 2015)

Astec Industries Inc's quarterly accounts payable declined from Dec. 2014 ($112 Mil) to Mar. 2015 ($105 Mil) and declined from Mar. 2015 ($105 Mil) to Jun. 2015 ($86 Mil).

Astec Industries Inc's annual accounts payable declined from Dec. 2012 ($101 Mil) to Dec. 2013 ($96 Mil) but then increased from Dec. 2013 ($96 Mil) to Dec. 2014 ($112 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.

Astec Industries Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 748210699809511210196112

Astec Industries Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Accts Payable 8176829697949011210586
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