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Finisar Corp's quarterly accounts payable declined from Oct. 2013 ($179 Mil) to Jan. 2014 ($169 Mil) and declined from Jan. 2014 ($169 Mil) to Apr. 2014 ($158 Mil).
Finisar Corp's annual accounts payable declined from Apr. 2012 ($120 Mil) to Apr. 2013 ($109 Mil) but then increased from Apr. 2013 ($109 Mil) to Apr. 2014 ($158 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.
Finisar Corp Annual Data
Finisar Corp Quarterly Data