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Express, Inc.'s quarterly accounts payable declined from Oct. 2013 ($331 Mil) to Jan. 2014 ($271 Mil) and declined from Jan. 2014 ($271 Mil) to Apr. 2014 ($241 Mil).
Express, Inc.'s annual accounts payable increased from Jan. 2012 ($268 Mil) to Jan. 2013 ($285 Mil) but then declined from Jan. 2013 ($285 Mil) to Jan. 2014 ($271 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.
Express, Inc. Annual Data
Express, Inc. Quarterly Data