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GuruFocus has detected 1 Warning Sign with AutoZone Inc $AZO.
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AutoZone Inc (NYSE:AZO)
Accounts Payable & Accrued Expense
$4,784 Mil (As of Feb. 2017)

AutoZone Inc's quarterly accounts payable & accrued expense increased from Aug. 2016 ($4,645 Mil) to Nov. 2016 ($4,850 Mil) but then declined from Nov. 2016 ($4,850 Mil) to Feb. 2017 ($4,784 Mil).

AutoZone Inc's annual accounts payable & accrued expense increased from Aug. 2014 ($4,096 Mil) to Aug. 2015 ($4,262 Mil) and increased from Aug. 2015 ($4,262 Mil) to Aug. 2016 ($4,645 Mil).


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 local exchange's currency.

AutoZone Inc Annual Data

Accounts Payable & Accrued Expense 2,0032,3022,5352,8913,2053,4223,7604,0964,2624,645

AutoZone Inc Quarterly Data

Accounts Payable & Accrued Expense 4,3024,3104,4634,2624,5144,5374,6484,6454,8504,784
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