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Esterline Technologies (NYSE:ESL)
Accounts Payable
$367 Mil (As of Apr. 2014)

Esterline Technologies's quarterly accounts payable declined from Oct. 2013 ($385 Mil) to Jan. 2014 ($360 Mil) but then increased from Jan. 2014 ($360 Mil) to Apr. 2014 ($367 Mil).

Esterline Technologies's annual accounts payable increased from Oct. 2011 ($313 Mil) to Oct. 2012 ($381 Mil) and increased from Oct. 2012 ($381 Mil) to Oct. 2013 ($385 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.

Esterline Technologies Annual Data

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
Accts Payable 135161184278305276303313381385

Esterline Technologies Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
Accts Payable 389385393381367355377385360367
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