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teststest
AutoZone Inc (NYSE:AZO)
Accounts Payable
{IF BankInsurance_zone 1}
$4,645 Mil (As of )Aug. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

AutoZone Incs quarterly accounts payable increased from Feb. 2016 ($4,537 Mil) to May. 2016 ($4,537 Mil) but then declined from May. 2016 ($4,648 Mil) to Aug. 2016 ($4,645 Mil)

AutoZone Incs quarterly accounts payable increased from Aug. 2014 ($3,968 Mil) to Aug. 2015 ($3,968 Mil) and increased from Aug. 2015 ($4,413 Mil) to Aug. 2016 ($4,645 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

{data_exp}

AutoZone Inc Annual Data

Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15Aug16
Accts Payable 2,0032,3832,5352,8693,2303,3923,7603,9684,4134,645
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16
Accts Payable 3,9684,3024,3104,4634,4134,5144,5374,6484,6454,162
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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