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Kayne Anderson Energy Development Company (NYSE:KED)
Accounts Payable
$1.60 Mil (As of Feb. 2012)

Kayne Anderson Energy Development Company's quarterly accounts payable declined from Aug. 2011 ($8.56 Mil) to Nov. 2011 ($1.80 Mil) and declined from Nov. 2011 ($1.80 Mil) to Feb. 2012 ($1.60 Mil).

Kayne Anderson Energy Development Company's annual accounts payable increased from Nov. 2009 ($0.95 Mil) to Nov. 2010 ($1.22 Mil) and increased from Nov. 2010 ($1.22 Mil) to Nov. 2011 ($1.80 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.

Kayne Anderson Energy Development Company Annual Data

Nov07Nov08Nov09Nov10Nov11
Accts Payable 0.000.000.000.000.009.261.230.951.221.80

Kayne Anderson Energy Development Company Quarterly Data

Nov09Feb10May10Aug10Nov10Feb11May11Aug11Nov11Feb12
Accts Payable 0.956.872.261.011.223.2521.348.561.801.60
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