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Amcon Distributing Co (AMEX:DIT)
Accounts Payable
$24 Mil (As of Dec. 2014)

Amcon Distributing Co's quarterly accounts payable increased from Jun. 2014 ($27 Mil) to Sep. 2014 ($28 Mil) but then declined from Sep. 2014 ($28 Mil) to Dec. 2014 ($24 Mil).

Amcon Distributing Co's annual accounts payable declined from Sep. 2012 ($29 Mil) to Sep. 2013 ($27 Mil) but then increased from Sep. 2013 ($27 Mil) to Sep. 2014 ($28 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.

Amcon Distributing Co Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
Accts Payable 21212323292830292728

Amcon Distributing Co Quarterly Data

Dec12Mar13May13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Accts Payable 2423027272424272824
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