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Education Management Corp (OTCPK:EDMC)
Accounts Payable
$206 Mil (As of Jun. 2014)

Education Management Corp's quarterly accounts payable declined from Dec. 2013 ($213 Mil) to Mar. 2014 ($203 Mil) but then increased from Mar. 2014 ($203 Mil) to Jun. 2014 ($206 Mil).

Education Management Corp's annual accounts payable declined from Jun. 2012 ($192 Mil) to Jun. 2013 ($190 Mil) but then increased from Jun. 2013 ($190 Mil) to Jun. 2014 ($206 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.

Education Management Corp Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
Accts Payable 83117173198222267194192190206

Education Management Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 152192137185173190130213203206
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