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Idex Corp (NYSE:IEX)
Accounts Payable
$300 Mil (As of Mar. 2014)

Idex Corp's quarterly accounts payable declined from Sep. 2013 ($294 Mil) to Dec. 2013 ($293 Mil) but then increased from Dec. 2013 ($293 Mil) to Mar. 2014 ($300 Mil).

Idex Corp's annual accounts payable increased from Dec. 2011 ($256 Mil) to Dec. 2012 ($274 Mil) and increased from Dec. 2012 ($274 Mil) to Dec. 2013 ($293 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.

Idex Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 142139169180214177226256274293

Idex Corp Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Accts Payable 256245255244274277278294293300
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