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Discover Financial Services's quarterly accounts payable & accrued expense increased from Jun. 2016 ($2,906 Mil) to Sep. 2016 ($3,119 Mil) and increased from Sep. 2016 ($3,119 Mil) to Dec. 2016 ($3,550 Mil).
Discover Financial Services's annual accounts payable & accrued expense increased from Dec. 2014 ($3,246 Mil) to Dec. 2015 ($3,343 Mil) and increased from Dec. 2015 ($3,343 Mil) to Dec. 2016 ($3,550 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 local exchange's currency.
Discover Financial Services Annual Data
|Accounts Payable & Accrued Expense||265||269||3,064||2,209||2,627||3,337||2,958||3,246||3,343||3,550|
Discover Financial Services Quarterly Data
|Accounts Payable & Accrued Expense||3,246||3,450||3,089||3,903||3,343||3,560||2,906||3,119||3,550||3,185|
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