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Estee Lauder Cos Inc's quarterly accounts payable declined from Mar. 2014 ($2,021 Mil) to Jun. 2014 ($1,569 Mil) and declined from Jun. 2014 ($1,569 Mil) to Sep. 2014 ($1,485 Mil).
Estee Lauder Cos Inc's annual accounts payable declined from Jun. 2012 ($1,907 Mil) to Jun. 2013 ($1,451 Mil) but then increased from Jun. 2013 ($1,451 Mil) to Jun. 2014 ($1,569 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.
Estee Lauder Cos Inc Annual Data
Estee Lauder Cos Inc Quarterly Data