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Fomento Economico Mexicano SAB de CV (NYSE:FMX)
Accounts Payable
{IF BankInsurance_zone 1}
$43 Mil (As of )Jun. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Fomento Economico Mexicano SAB de CVs quarterly accounts payable declined from Dec. 2015 ($3,207 Mil) to Mar. 2016 ($3,207 Mil) and declined from Mar. 2016 ($71 Mil) to Jun. 2016 ($43 Mil)

Fomento Economico Mexicano SAB de CVs quarterly accounts payable declined from Dec. 2013 ($3,128 Mil) to Dec. 2014 ($3,128 Mil) but then increased from Dec. 2014 ($2,955 Mil) to Dec. 2015 ($3,207 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

{data_exp}

Fomento Economico Mexicano SAB de CV Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 3244302,0092,0802,0872,2812,8303,1282,9553,207
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Accts Payable 7333762,95568633713,2077143
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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