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Bank of Montreal (NYSE:BMO)
Accounts Payable
$233 Mil (As of Jul. 2014)

Bank of Montreal's quarterly accounts payable increased from Jan. 2014 ($0 Mil) to Apr. 2014 ($134 Mil) and increased from Apr. 2014 ($134 Mil) to Jul. 2014 ($233 Mil).

Bank of Montreal's annual accounts payable declined from Oct. 2011 ($577 Mil) to Oct. 2012 ($405 Mil) but then increased from Oct. 2012 ($405 Mil) to Oct. 2013 ($422 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.

Bank of Montreal Annual Data

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
Accts Payable 8,4828,4257,6039,9827,3310563577405422

Bank of Montreal Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Accts Payable 1,0072964053015403594180134233
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