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Best Buy Co Inc (NYSE:BBY)
Accounts Payable
$6,414 Mil (As of Jan. 2015)

Best Buy Co Inc's quarterly accounts payable increased from Jul. 2014 ($6,395 Mil) to Oct. 2014 ($7,752 Mil) but then declined from Oct. 2014 ($7,752 Mil) to Jan. 2015 ($6,414 Mil).

Best Buy Co Inc's annual accounts payable declined from Feb. 2012 ($7,876 Mil) to Jan. 2014 ($6,586 Mil) and declined from Jan. 2014 ($6,586 Mil) to Jan. 2015 ($6,414 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.

Best Buy Co Inc Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Jan14Jan15
Accts Payable 4,4775,1695,7456,0497,1197,8177,1917,8766,5866,414

Best Buy Co Inc Quarterly Data

Jul12Oct12Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15
Accts Payable 8,0029,9025,8646,2177,8346,5866,0806,3957,7526,414
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