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Bank of New York Mellon Corp (NYSE:BK)
Accounts Payable
{IF BankInsurance_zone 1}
$26,849 Mil (As of )Sep. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Bank of New York Mellon Corps quarterly accounts payable declined from Mar. 2016 ($27,296 Mil) to Jun. 2016 ($27,296 Mil) but then increased from Jun. 2016 ($26,557 Mil) to Sep. 2016 ($26,849 Mil)

Bank of New York Mellon Corps quarterly accounts payable increased from Dec. 2013 ($22,703 Mil) to Dec. 2014 ($22,703 Mil) but then declined from Dec. 2014 ($28,084 Mil) to Dec. 2015 ($27,886 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}

Bank of New York Mellon Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 12,59515,67913,32615,2059,96212,67123,41122,70328,08427,886
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Accts Payable 23,67526,63728,08428,21728,57228,69327,88627,29626,55726,849
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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