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Fomento Economico Mexicano SAB de CV's quarterly accounts payable declined from Mar. 2014 ($73 Mil) to Jun. 2014 ($33 Mil) but then increased from Jun. 2014 ($33 Mil) to Sep. 2014 ($1,215 Mil).
Fomento Economico Mexicano SAB de CV's annual accounts payable increased from Dec. 2011 ($2,281 Mil) to Dec. 2012 ($2,830 Mil) and increased from Dec. 2012 ($2,830 Mil) to Dec. 2013 ($3,128 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.
Fomento Economico Mexicano SAB de CV Annual Data
Fomento Economico Mexicano SAB de CV Quarterly Data