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Aspen Technology Inc (NAS:AZPN)
Accounts Payable
{IF BankInsurance_zone 1}
$39.8 Mil (As of )Mar. 2015)
{IF AP_Q_zone 1}{ELSE} {/IF}

Aspen Technology Incs quarterly accounts payable increased from Sep. 2014 ($29.1 Mil) to Dec. 2014 ($29.1 Mil) and increased from Dec. 2014 ($36.2 Mil) to Mar. 2015 ($39.8 Mil)

Aspen Technology Incs quarterly accounts payable declined from Jun. 2012 ($41.2 Mil) to Jun. 2013 ($41.2 Mil) but then increased from Jun. 2013 ($37.1 Mil) to Jun. 2014 ($37.6 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}

Aspen Technology Inc Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
Accts Payable 85.782.3101.682.254.957.167.241.237.137.6
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Accts Payable 22.831.737.127.922.535.037.629.136.239.8
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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