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Cognizant Technology Solutions Corp's quarterly accounts payable & accrued expense increased from Sep. 2015 ($1,611 Mil) to Dec. 2015 ($1,790 Mil) but then declined from Dec. 2015 ($1,790 Mil) to Mar. 2016 ($1,530 Mil).
Cognizant Technology Solutions Corp's annual accounts payable & accrued expense increased from Dec. 2012 ($1,096 Mil) to Dec. 2013 ($1,278 Mil) and increased from Dec. 2013 ($1,278 Mil) to Dec. 2014 ($1,386 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.
Cognizant Technology Solutions Corp Annual Data
|Accounts Payable & Accrued Expense||230||259||349||595||846||977||1,096||1,278||1,386||1,790|
Cognizant Technology Solutions Corp Quarterly Data
|Accounts Payable & Accrued Expense||1,278||1,059||1,125||1,309||1,386||1,158||1,261||1,611||1,790||1,530|