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Education Management Corporation's quarterly accounts payable declined from Jun. 2013 ($190 Mil) to Sep. 2013 ($130 Mil) but then increased from Sep. 2013 ($130 Mil) to Dec. 2013 ($213 Mil).
Education Management Corporation's annual accounts payable declined from Jun. 2011 ($194 Mil) to Jun. 2012 ($192 Mil) and declined from Jun. 2012 ($192 Mil) to Jun. 2013 ($190 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.
Education Management Corporation Annual Data
Education Management Corporation Quarterly Data