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Cognizant Technology Solutions Corporation (NAS:CTSH)
Accounts Payable
$1,278 Mil (As of Dec. 2013)

Cognizant Technology Solutions Corporation's quarterly accounts payable increased from Jun. 2013 ($940 Mil) to Sep. 2013 ($1,125 Mil) and increased from Sep. 2013 ($1,125 Mil) to Dec. 2013 ($1,278 Mil).

Cognizant Technology Solutions Corporation's annual accounts payable increased from Dec. 2011 ($977 Mil) to Dec. 2012 ($1,005 Mil) and increased from Dec. 2012 ($1,005 Mil) to Dec. 2013 ($1,278 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.

Cognizant Technology Solutions Corporation Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 901542302593495958469771,0051,278

Cognizant Technology Solutions Corporation Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Accts Payable 9539778378791,0521,0058829401,1251,278
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