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The Estee Lauder Companies Inc's quarterly accounts payable increased from Mar. 2015 ($1,491 Mil) to Jun. 2015 ($2,106 Mil) but then declined from Jun. 2015 ($2,106 Mil) to Sep. 2015 ($2,001 Mil).
The Estee Lauder Companies Inc's annual accounts payable increased from Jun. 2013 ($1,916 Mil) to Jun. 2014 ($2,038 Mil) and increased from Jun. 2014 ($2,038 Mil) to Jun. 2015 ($2,106 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.
The Estee Lauder Companies Inc Annual Data
The Estee Lauder Companies Inc Quarterly Data