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Cato Corp's quarterly accounts payable & accrued expense declined from Jul. 2015 ($175 Mil) to Oct. 2015 ($174 Mil) but then increased from Oct. 2015 ($174 Mil) to Jan. 2016 ($193 Mil).
Cato Corp's annual accounts payable & accrued expense increased from Jan. 2014 ($177 Mil) to Jan. 2015 ($194 Mil) but then declined from Jan. 2015 ($194 Mil) to Jan. 2016 ($193 Mil).
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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Cato Corp Annual Data
|Accounts Payable & Accrued Expense||123||149||151||168||176||157||160||177||194||193|
Cato Corp Quarterly Data
|Accounts Payable & Accrued Expense||152||177||180||169||172||194||185||175||174||193|