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Homeinns Hotel Group's quarterly accounts payable declined from Sep. 2014 ($238 Mil) to Dec. 2014 ($237 Mil) and declined from Dec. 2014 ($237 Mil) to Mar. 2015 ($194 Mil).
Homeinns Hotel Group's annual accounts payable increased from Dec. 2012 ($234 Mil) to Dec. 2013 ($252 Mil) but then declined from Dec. 2013 ($252 Mil) to Dec. 2014 ($231 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.
Homeinns Hotel Group Annual Data
Homeinns Hotel Group Quarterly Data