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Fomento Economico Mexicano SAB de CV (NYSE:FMX)
Accounts Payable
$74 Mil (As of Mar. 2014)

Fomento Economico Mexicano SAB de CV's quarterly accounts payable increased from Sep. 2013 ($44 Mil) to Dec. 2013 ($3,078 Mil) but then declined from Dec. 2013 ($3,078 Mil) to Mar. 2014 ($74 Mil).

Fomento Economico Mexicano SAB de CV's annual accounts payable increased from Dec. 2011 ($2,348 Mil) to Dec. 2012 ($2,868 Mil) and increased from Dec. 2012 ($2,868 Mil) to Dec. 2013 ($3,078 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.

Fomento Economico Mexicano SAB de CV Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 2762483214271,9412,0892,1332,3482,8683,078

Fomento Economico Mexicano SAB de CV Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Accts Payable 2,3481616172,8681626443,07874
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