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Garmin Ltd (NAS:GRMN)
Accounts Payable
{IF BankInsurance_zone 1}
$625 Mil (As of )Mar. 2015)
{IF AP_Q_zone 1}{ELSE} {/IF}

Garmin Ltds quarterly accounts payable declined from Sep. 2014 ($906 Mil) to Dec. 2014 ($906 Mil) and declined from Dec. 2014 ($812 Mil) to Mar. 2015 ($625 Mil)

Garmin Ltds quarterly accounts payable declined from Dec. 2012 ($656 Mil) to Dec. 2013 ($656 Mil) but then increased from Dec. 2013 ($647 Mil) to Dec. 2014 ($812 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

{data_exp}

Garmin Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 132227802478656575664656647812
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Accts Payable 656355639718647457748906812625
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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