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Discover Financial Services's quarterly accounts payable declined from Sep. 2013 ($3,036 Mil) to Dec. 2013 ($2,958 Mil) but then increased from Dec. 2013 ($2,958 Mil) to Mar. 2014 ($3,273 Mil).
Discover Financial Services's annual accounts payable increased from Nov. 2012 ($3,337 Mil) to Dec. 2012 ($3,412 Mil) but then declined from Dec. 2012 ($3,412 Mil) to Dec. 2013 ($2,958 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.
Discover Financial Services Annual Data
Discover Financial Services Quarterly Data