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The Estee Lauder Companies Inc (NYSE:EL)
Accounts Payable & Accrued Expense
$2,105 Mil (As of Dec. 2015)

The Estee Lauder Companies Inc's quarterly accounts payable & accrued expense declined from Jun. 2015 ($2,106 Mil) to Sep. 2015 ($2,001 Mil) but then increased from Sep. 2015 ($2,001 Mil) to Dec. 2015 ($2,105 Mil).

The Estee Lauder Companies Inc's annual accounts payable & accrued expense increased from Jun. 2013 ($1,451 Mil) to Jun. 2014 ($2,038 Mil) and increased from Jun. 2014 ($2,038 Mil) to Jun. 2015 ($2,106 Mil).


Definition

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

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.

The Estee Lauder Companies Inc Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
Accounts Payable & Accrued Expense 1,3491,4401,5811,4251,5491,8051,9071,4512,0382,106

The Estee Lauder Companies Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Accounts Payable & Accrued Expense 1,5131,5412,0212,0381,4851,5271,4912,1062,0012,105
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