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Group 1 Automotive Inc (NYSE:GPI)
Accounts Payable
$420 Mil (As of Mar. 2015)

Group 1 Automotive Inc's quarterly accounts payable increased from Sep. 2014 ($453 Mil) to Dec. 2014 ($461 Mil) but then declined from Dec. 2014 ($461 Mil) to Mar. 2015 ($420 Mil).

Group 1 Automotive Inc's annual accounts payable increased from Dec. 2012 ($296 Mil) to Dec. 2013 ($395 Mil) and increased from Dec. 2013 ($395 Mil) to Dec. 2014 ($461 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 244215211169159176257296395461

Group 1 Automotive Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Accts Payable 296392382335395431426453461420
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