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Lowe's Companies Inc (NYSE:LOW)
Accounts Payable & Accrued Expense
$6,453 Mil (As of Jan. 2016)

Lowe's Companies Inc's quarterly accounts payable & accrued expense increased from Jul. 2015 ($7,790 Mil) to Oct. 2015 ($8,023 Mil) but then declined from Oct. 2015 ($8,023 Mil) to Jan. 2016 ($6,453 Mil).

Lowe's Companies Inc's annual accounts payable & accrued expense increased from Jan. 2014 ($6,375 Mil) to Jan. 2015 ($6,539 Mil) but then declined from Jan. 2015 ($6,539 Mil) to Jan. 2016 ($6,453 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.

Lowe's Companies Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
Accounts Payable & Accrued Expense 3,8964,1374,5434,8645,0185,5255,8576,3756,5396,453

Lowe's Companies Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
Accounts Payable & Accrued Expense 6,3757,5526,8267,1356,5398,5787,7908,0236,4539,436
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