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Estee Lauder Cos Inc (NYSE:EL)
Accounts Payable
$1,569 Mil (As of Jun. 2014)

Estee Lauder Cos Inc's quarterly accounts payable increased from Dec. 2013 ($1,541 Mil) to Mar. 2014 ($2,021 Mil) but then declined from Mar. 2014 ($2,021 Mil) to Jun. 2014 ($1,569 Mil).

Estee Lauder Cos Inc's annual accounts payable increased from Jun. 2011 ($1,805 Mil) to Jun. 2012 ($1,907 Mil) but then declined from Jun. 2012 ($1,907 Mil) to Jun. 2013 ($1,451 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.

Estee Lauder Cos Inc Annual Data

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
Accts Payable 1,2481,2341,3491,4401,5811,4251,5491,8051,9071,451

Estee Lauder Cos Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 1,9141,9071,9482,0261,8961,4511,5131,5412,0211,569
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