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Bank of Montreal (NYSE:BMO)
Accounts Payable
$78 Mil (As of Oct. 2015)

Bank of Montreal's quarterly accounts payable declined from Apr. 2015 ($171 Mil) to Jul. 2015 ($152 Mil) and declined from Jul. 2015 ($152 Mil) to Oct. 2015 ($78 Mil).

Bank of Montreal's annual accounts payable declined from Oct. 2013 ($423 Mil) to Oct. 2014 ($210 Mil) and declined from Oct. 2014 ($210 Mil) to Oct. 2015 ($78 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

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
Accts Payable 7,6509,9007,529056057940942321078

Bank of Montreal Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
Accts Payable 35942335313323721021617115278
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