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Cato Corp's quarterly accounts payable declined from Apr. 2014 ($179.6 Mil) to Jul. 2014 ($168.9 Mil) but then increased from Jul. 2014 ($168.9 Mil) to Oct. 2014 ($171.8 Mil).
Cato Corp's annual accounts payable increased from Jan. 2012 ($157.0 Mil) to Jan. 2013 ($159.6 Mil) and increased from Jan. 2013 ($159.6 Mil) to Jan. 2014 ($177.1 Mil).
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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Cato Corp Annual Data
Cato Corp Quarterly Data