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JC Penney Co Inc's quarterly accounts payable increased from Apr. 2015 ($2,091 Mil) to Jul. 2015 ($2,292 Mil) and increased from Jul. 2015 ($2,292 Mil) to Oct. 2015 ($2,699 Mil).
JC Penney Co Inc's annual accounts payable declined from Jan. 2013 ($2,542 Mil) to Jan. 2014 ($2,146 Mil) but then increased from Jan. 2014 ($2,146 Mil) to Jan. 2015 ($2,185 Mil).
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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
JC Penney Co Inc Annual Data
JC Penney Co Inc Quarterly Data