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Southwest Airlines Co (NYSE:LUV)
Accounts Payable
$2,937 Mil (As of Jun. 2014)

Southwest Airlines Co's quarterly accounts payable declined from Dec. 2013 ($2,476 Mil) to Mar. 2014 ($2,467 Mil) but then increased from Mar. 2014 ($2,467 Mil) to Jun. 2014 ($2,937 Mil).

Southwest Airlines Co's annual accounts payable increased from Dec. 2011 ($2,053 Mil) to Dec. 2012 ($2,159 Mil) and increased from Dec. 2012 ($2,159 Mil) to Dec. 2013 ($2,476 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.

Southwest Airlines Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 1,4672,5981,9663,8661,6801,4421,6022,0532,1592,476

Southwest Airlines Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 2,2322,0682,1802,1592,2542,4032,3032,4762,4672,937
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