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Hovnanian Enterprises Inc (NYSE:HOV)
Accounts Payable & Accrued Expense
$228 Mil (As of Jan. 2016)

Hovnanian Enterprises Inc's quarterly accounts payable & accrued expense increased from Jul. 2015 ($205 Mil) to Oct. 2015 ($376 Mil) but then declined from Oct. 2015 ($376 Mil) to Jan. 2016 ($228 Mil).

Hovnanian Enterprises Inc's annual accounts payable & accrued expense increased from Oct. 2013 ($341 Mil) to Oct. 2014 ($393 Mil) but then declined from Oct. 2014 ($393 Mil) to Oct. 2015 ($376 Mil).


Definition

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

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.

Hovnanian Enterprises Inc Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
Accounts Payable & Accrued Expense 382341431340194188211341393376

Hovnanian Enterprises Inc Quarterly Data

Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16
Accounts Payable & Accrued Expense 341153184209393162357205376228
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