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AutoZone Inc (NYSE:AZO)
Accounts Payable
$4,187 Mil (As of May. 2014)

AutoZone Inc's quarterly accounts payable increased from Nov. 2013 ($3,965 Mil) to Feb. 2014 ($4,042 Mil) and increased from Feb. 2014 ($4,042 Mil) to May. 2014 ($4,187 Mil).

AutoZone Inc's annual accounts payable increased from Aug. 2011 ($3,205 Mil) to Aug. 2012 ($3,422 Mil) and increased from Aug. 2012 ($3,422 Mil) to Aug. 2013 ($3,760 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

Aug04Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13
Accts Payable 1,7401,7951,9802,0032,3022,5352,8913,2053,4223,760

AutoZone Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
Accts Payable 3,3183,3903,4223,5583,5663,6503,7603,9654,0424,187
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