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Group 1 Automotive Inc (NYSE:GPI)
Accounts Payable
$395 Mil (As of Dec. 2013)

Group 1 Automotive Inc's quarterly accounts payable declined from Jun. 2013 ($382 Mil) to Sep. 2013 ($335 Mil) but then increased from Sep. 2013 ($335 Mil) to Dec. 2013 ($395 Mil).

Group 1 Automotive Inc's annual accounts payable increased from Dec. 2011 ($257 Mil) to Dec. 2012 ($296 Mil) and increased from Dec. 2012 ($296 Mil) to Dec. 2013 ($395 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.

Group 1 Automotive Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 200244215211169159176257296395

Group 1 Automotive Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Accts Payable 221257257284283296392382335395
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