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American Express Co (NYSE:AXP)
Accounts Payable
$10,615 Mil (As of Dec. 2013)

American Express Co's quarterly accounts payable declined from Jun. 2013 ($14,313 Mil) to Sep. 2013 ($11,361 Mil) and declined from Sep. 2013 ($11,361 Mil) to Dec. 2013 ($10,615 Mil).

American Express Co's annual accounts payable declined from Dec. 2011 ($10,458 Mil) to Dec. 2012 ($10,006 Mil) but then increased from Dec. 2012 ($10,006 Mil) to Dec. 2013 ($10,615 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.

American Express Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 7,3197,8248,6767,7408,4289,0639,69110,45810,00610,615

American Express Co Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Accts Payable 10,58510,45811,37711,76813,09310,00614,23014,31311,36110,615
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