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CarMax Inc (NYSE:KMX)
Accounts Payable & Accrued Expense
$690 Mil (As of Feb. 2016)

CarMax Inc's quarterly accounts payable & accrued expense declined from Aug. 2015 ($681 Mil) to Nov. 2015 ($633 Mil) but then increased from Nov. 2015 ($633 Mil) to Feb. 2016 ($690 Mil).

CarMax Inc's annual accounts payable & accrued expense increased from Feb. 2014 ($633 Mil) to Feb. 2015 ($707 Mil) but then declined from Feb. 2015 ($707 Mil) to Feb. 2016 ($690 Mil).


Definition

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 own currency.

CarMax Inc Annual Data

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
Accounts Payable & Accrued Expense 347372320354374457485633707690

CarMax Inc Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
Accounts Payable & Accrued Expense 515633687624663707690681633690
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