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CarMax Inc's quarterly accounts payable declined from Feb. 2015 ($707 Mil) to May. 2015 ($690 Mil) and declined from May. 2015 ($690 Mil) to Aug. 2015 ($681 Mil).
CarMax Inc's annual accounts payable increased from Feb. 2013 ($485 Mil) to Feb. 2014 ($633 Mil) and increased from Feb. 2014 ($633 Mil) to Feb. 2015 ($707 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.
CarMax Inc Annual Data
CarMax Inc Quarterly Data