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Genuine Parts Co (NYSE:GPC)
Accounts Payable
$2,500 Mil (As of Mar. 2014)

Genuine Parts Co's quarterly accounts payable increased from Sep. 2013 ($2,315 Mil) to Dec. 2013 ($2,918 Mil) but then declined from Dec. 2013 ($2,918 Mil) to Mar. 2014 ($2,500 Mil).

Genuine Parts Co's annual accounts payable increased from Dec. 2011 ($2,013 Mil) to Dec. 2012 ($2,238 Mil) and increased from Dec. 2012 ($2,238 Mil) to Dec. 2013 ($2,918 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.

Genuine Parts Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 1,0369741,1031,1921,2871,4081,7222,0132,2382,918

Genuine Parts Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 1,7231,7101,8582,2381,9522,1592,3152,9182,5002,600
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