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Discover Financial Services (NYSE:DFS)
Accounts Payable & Accrued Expense
$3,560 Mil (As of Mar. 2016)

Discover Financial Services's quarterly accounts payable & accrued expense declined from Sep. 2015 ($3,903 Mil) to Dec. 2015 ($3,343 Mil) but then increased from Dec. 2015 ($3,343 Mil) to Mar. 2016 ($3,560 Mil).

Discover Financial Services's annual accounts payable & accrued expense increased from Dec. 2013 ($2,958 Mil) to Dec. 2014 ($3,246 Mil) and increased from Dec. 2014 ($3,246 Mil) to Dec. 2015 ($3,343 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Discover Financial Services Annual Data

Nov06Nov07Nov08Nov09Nov10Nov11Nov12Dec13Dec14Dec15
Accounts Payable & Accrued Expense 1352653,2113,0642,2092,9603,3372,9583,2463,343

Discover Financial Services Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Accounts Payable & Accrued Expense 3,2732,9342,8563,2463,4503,0893,9033,3433,5602,906
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