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Lowe's Companies Inc (NYSE:LOW)
Accounts Payable
$7,135 Mil (As of Oct. 2014)

Lowe's Companies Inc's quarterly accounts payable declined from Apr. 2014 ($7,552 Mil) to Jul. 2014 ($6,826 Mil) but then increased from Jul. 2014 ($6,826 Mil) to Oct. 2014 ($7,135 Mil).

Lowe's Companies Inc's annual accounts payable increased from Jan. 2012 ($5,525 Mil) to Jan. 2013 ($5,857 Mil) and increased from Jan. 2013 ($5,857 Mil) to Jan. 2014 ($6,375 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.

Lowe's Companies Inc Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
Accts Payable 3,0733,2563,8964,1374,5434,8645,0185,5255,8576,375

Lowe's Companies Inc Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
Accts Payable 5,6455,9975,8577,5086,3156,4816,3757,5526,8267,135
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