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E*Trade Financial Corp (NAS:ETFC)
Accounts Payable
$6,626 Mil (As of Jun. 2014)

E*Trade Financial Corp's quarterly accounts payable declined from Dec. 2013 ($6,310 Mil) to Mar. 2014 ($6,260 Mil) but then increased from Mar. 2014 ($6,260 Mil) to Jun. 2014 ($6,626 Mil).

E*Trade Financial Corp's annual accounts payable declined from Dec. 2011 ($5,591 Mil) to Dec. 2012 ($4,965 Mil) but then increased from Dec. 2012 ($4,965 Mil) to Dec. 2013 ($6,310 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.

E*Trade Financial Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 4,2067,8898,1806,2134,1275,5865,0205,5914,9656,310

E*Trade Financial Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Accts Payable 5,1296,0144,9655,0845,0835,8306,3106,2606,6266,526
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