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CarMax Inc (NYSE:KMX)
Accounts Payable
{IF BankInsurance_zone 1}
$750 Mil (As of )May. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

CarMax Incs quarterly accounts payable increased from Nov. 2015 ($633 Mil) to Feb. 2016 ($633 Mil) and increased from Feb. 2016 ($690 Mil) to May. 2016 ($750 Mil)

CarMax Incs quarterly accounts payable increased from Feb. 2014 ($633 Mil) to Feb. 2015 ($633 Mil) but then declined from Feb. 2015 ($707 Mil) to Feb. 2016 ($690 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

{data_exp}

CarMax Inc Annual Data

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
Accts Payable 347372320354374457485633707690
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
Accts Payable 633687624663707690681633690750
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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