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Coventry Health Care, Inc. (NYSE:CVH)
Accounts Payable
$510 Mil (As of Mar. 2013)

Coventry Health Care, Inc.'s quarterly accounts payable declined from Sep. 2012 ($1,984 Mil) to Dec. 2012 ($488 Mil) but then increased from Dec. 2012 ($488 Mil) to Mar. 2013 ($510 Mil).

Coventry Health Care, Inc.'s annual accounts payable declined from Dec. 2010 ($942 Mil) to Dec. 2011 ($695 Mil) and declined from Dec. 2011 ($695 Mil) to Dec. 2012 ($488 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.

Coventry Health Care, Inc. Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
Accts Payable 7818721,1961,582519475682942695488

Coventry Health Care, Inc. Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13
Accts Payable 9428497036376951,9031,9501,984488510
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