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DR Horton Inc (NYSE:DHI)
Accounts Payable
$736 Mil (As of Dec. 2014)

DR Horton Inc's quarterly accounts payable increased from Jun. 2014 ($650 Mil) to Sep. 2014 ($783 Mil) but then declined from Sep. 2014 ($783 Mil) to Dec. 2014 ($736 Mil).

DR Horton Inc's annual accounts payable increased from Sep. 2012 ($499 Mil) to Sep. 2013 ($670 Mil) and increased from Sep. 2013 ($670 Mil) to Sep. 2014 ($783 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.

DR Horton Inc Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
Accts Payable 2,0422,1841,5241,0961,2111,144334499670783

DR Horton Inc Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Accts Payable 4991,141507577670627572650783736
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