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AutoZone Inc (NYSE:AZO)
Accounts Payable
$3,691 Mil (As of Nov. 2014)

AutoZone Inc's quarterly accounts payable declined from May. 2014 ($4,187 Mil) to Aug. 2014 ($3,609 Mil) but then increased from Aug. 2014 ($3,609 Mil) to Nov. 2014 ($3,691 Mil).

AutoZone Inc's annual accounts payable increased from Aug. 2012 ($3,392 Mil) to Aug. 2013 ($3,760 Mil) but then declined from Aug. 2013 ($3,760 Mil) to Aug. 2014 ($3,609 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.

AutoZone Inc Annual Data

Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14
Accts Payable 1,7951,7002,0032,3832,5352,8693,2303,3923,7603,609

AutoZone Inc Quarterly Data

Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14Nov14
Accts Payable 3,3923,5583,5663,6503,7603,9653,4784,1873,6093,691
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