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Investors Real Estate Trust (NYSE:IRET)
Accounts Payable
$67.0 Mil (As of Oct. 2014)

Investors Real Estate Trust's quarterly accounts payable increased from Apr. 2014 ($59.1 Mil) to Jul. 2014 ($62.5 Mil) and increased from Jul. 2014 ($62.5 Mil) to Oct. 2014 ($67.0 Mil).

Investors Real Estate Trust's annual accounts payable increased from Apr. 2012 ($47.4 Mil) to Apr. 2013 ($50.8 Mil) and increased from Apr. 2013 ($50.8 Mil) to Apr. 2014 ($59.1 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.

Investors Real Estate Trust Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
Accts Payable 22.924.229.033.832.838.537.947.450.859.1

Investors Real Estate Trust Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
Accts Payable 41.138.844.550.852.657.554.359.162.567.0
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