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Cognizant Technology Solutions Corp's quarterly accounts payable declined from Dec. 2014 ($1,386 Mil) to Mar. 2015 ($1,158 Mil) but then increased from Mar. 2015 ($1,158 Mil) to Jun. 2015 ($1,261 Mil).
Cognizant Technology Solutions Corp's annual accounts payable increased from Dec. 2012 ($1,005 Mil) to Dec. 2013 ($1,278 Mil) and increased from Dec. 2013 ($1,278 Mil) to Dec. 2014 ($1,386 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.
Cognizant Technology Solutions Corp Annual Data
Cognizant Technology Solutions Corp Quarterly Data