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Homeinns Hotel Group (NAS:HMIN)
Accounts Payable
$238 Mil (As of Sep. 2014)

Homeinns Hotel Group's quarterly accounts payable increased from Mar. 2014 ($0 Mil) to Jun. 2014 ($260 Mil) but then declined from Jun. 2014 ($260 Mil) to Sep. 2014 ($238 Mil).

Homeinns Hotel Group's annual accounts payable increased from Dec. 2011 ($218 Mil) to Dec. 2012 ($234 Mil) and increased from Dec. 2012 ($234 Mil) to Dec. 2013 ($252 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.

Homeinns Hotel Group Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 1428874115218234252237

Homeinns Hotel Group Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Accts Payable 2432392132282492590260238237
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