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Brown-Forman Corp (NYSE:BF.B)
Accounts Payable & Accrued Expense
$436 Mil (As of Apr. 2016)

Brown-Forman Corp's quarterly accounts payable & accrued expense increased from Oct. 2015 ($565 Mil) to Jan. 2016 ($583 Mil) but then declined from Jan. 2016 ($583 Mil) to Apr. 2016 ($436 Mil).

Brown-Forman Corp's annual accounts payable & accrued expense declined from Apr. 2014 ($545 Mil) to Apr. 2015 ($432 Mil) but then increased from Apr. 2015 ($432 Mil) to Apr. 2016 ($436 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.

Brown-Forman Corp Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
Accounts Payable & Accrued Expense 388380332342412396425545432436

Brown-Forman Corp Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
Accounts Payable & Accrued Expense 588545617547593432557565583436
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