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Masco Corp's quarterly accounts payable declined from Sep. 2014 ($1,910 Mil) to Dec. 2014 ($1,642 Mil) but then increased from Dec. 2014 ($1,642 Mil) to Mar. 2015 ($1,701 Mil).
Masco Corp's annual accounts payable increased from Dec. 2012 ($1,605 Mil) to Dec. 2013 ($1,610 Mil) and increased from Dec. 2013 ($1,610 Mil) to Dec. 2014 ($1,642 Mil).
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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Masco Corp Annual Data
Masco Corp Quarterly Data