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Best Buy Co Inc (NYSE:BBY)
Accounts Payable & Accrued Expense
$5,764 Mil (As of Jan. 2016)

Best Buy Co Inc's quarterly accounts payable & accrued expense increased from Jul. 2015 ($5,769 Mil) to Oct. 2015 ($7,303 Mil) but then declined from Oct. 2015 ($7,303 Mil) to Jan. 2016 ($5,764 Mil).

Best Buy Co Inc's annual accounts payable & accrued expense declined from Jan. 2014 ($6,586 Mil) to Jan. 2015 ($6,414 Mil) and declined from Jan. 2015 ($6,414 Mil) to Jan. 2016 ($5,764 Mil).


Definition

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 own currency.

Best Buy Co Inc Annual Data

Feb06Feb07Feb08Feb09Feb10Feb11Feb12Jan14Jan15Jan16
Accounts Payable & Accrued Expense 5,1695,7456,0497,1197,8177,1917,8766,5866,4145,764

Best Buy Co Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
Accounts Payable & Accrued Expense 6,5866,0806,3957,7526,4145,6495,7697,3035,7645,562
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