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GuruFocus has detected 4 Warning Signs with ITT Corp $ITT.
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Accounts Payable & Accrued Expense
$510 Mil (As of Dec. 2016)

ITT Corp's quarterly accounts payable & accrued expense declined from Jun. 2016 ($697 Mil) to Sep. 2016 ($687 Mil) and declined from Sep. 2016 ($687 Mil) to Dec. 2016 ($510 Mil).

ITT Corp's annual accounts payable & accrued expense declined from Dec. 2014 ($774 Mil) to Dec. 2015 ($557 Mil) and declined from Dec. 2015 ($557 Mil) to Dec. 2016 ($510 Mil).


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 local exchange's currency.

ITT Corp Annual Data

Accounts Payable & Accrued Expense 2,3652,3252,5132,722614603793774557510

ITT Corp Quarterly Data

Accounts Payable & Accrued Expense 814774721747707557679697687510
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