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Comerica Inc's quarterly accounts payable declined from Jun. 2013 ($1,049 Mil) to Sep. 2013 ($1,001 Mil) and declined from Sep. 2013 ($1,001 Mil) to Dec. 2013 ($986 Mil).
Comerica Inc's annual accounts payable declined from Dec. 2011 ($1,371 Mil) to Dec. 2012 ($1,106 Mil) and declined from Dec. 2012 ($1,106 Mil) to Dec. 2013 ($986 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.
Comerica Inc Annual Data
Comerica Inc Quarterly Data