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Express, Inc. (NYSE:EXPR)
Accounts Payable
$241 Mil (As of Apr. 2014)

Express, Inc.'s quarterly accounts payable declined from Oct. 2013 ($331 Mil) to Jan. 2014 ($272 Mil) and declined from Jan. 2014 ($272 Mil) to Apr. 2014 ($241 Mil).

Express, Inc.'s annual accounts payable increased from Jan. 2012 ($264 Mil) to Jan. 2013 ($285 Mil) but then declined from Jan. 2013 ($285 Mil) to Jan. 2014 ($272 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.

Express, Inc. Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14
Accts Payable 000240213247272264285272

Express, Inc. Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Accts Payable 237252295285254282331272241257
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