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Estee Lauder Cos Inc's quarterly accounts payable declined from Jun. 2013 ($1,916 Mil) to Sep. 2013 ($1,513 Mil) but then increased from Sep. 2013 ($1,513 Mil) to Dec. 2013 ($1,541 Mil).
Estee Lauder Cos Inc's annual accounts payable increased from Jun. 2011 ($1,805 Mil) to Jun. 2012 ($1,907 Mil) and increased from Jun. 2012 ($1,907 Mil) to Jun. 2013 ($1,916 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