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Layne Christensen Company (NAS:LAYN)
Accounts Payable
$174 Mil (As of Oct. 2013)

Layne Christensen Company's quarterly accounts payable declined from Apr. 2013 ($218 Mil) to Jul. 2013 ($178 Mil) and declined from Jul. 2013 ($178 Mil) to Oct. 2013 ($174 Mil).

Layne Christensen Company's annual accounts payable stayed the same from Jan. 2011 ($0 Mil) to Jan. 2012 ($0 Mil) but then increased from Jan. 2012 ($0 Mil) to Jan. 2013 ($209 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.

Layne Christensen Company Annual Data

Jan04Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13
Accts Payable 44568113816016318900209

Layne Christensen Company Quarterly Data

Jul11Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13
Accts Payable 189197214244203225209218178174
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