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Finisar Corporation (NAS:FNSR)
Accounts Payable
$169.5 Mil (As of Jan. 2014)

Finisar Corporation's quarterly accounts payable increased from Jul. 2013 ($154.0 Mil) to Oct. 2013 ($179.3 Mil) but then declined from Oct. 2013 ($179.3 Mil) to Jan. 2014 ($169.5 Mil).

Finisar Corporation's annual accounts payable declined from Apr. 2011 ($125.9 Mil) to Apr. 2012 ($120.3 Mil) but then increased from Apr. 2012 ($120.3 Mil) to Apr. 2013 ($132.7 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.

Finisar Corporation Annual Data

Apr04Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13
Accts Payable 48.549.058.364.880.890.4116.9125.9120.3132.7

Finisar Corporation Quarterly Data

Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14
Accts Payable 147.6142.8120.3115.0123.5127.6132.7154.0179.3169.5
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