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Masco Corporation (NYSE:MAS)
Accounts Payable
$1,771 Mil (As of Dec. 2013)

Masco Corporation's quarterly accounts payable increased from Jun. 2013 ($1,787 Mil) to Sep. 2013 ($1,833 Mil) but then declined from Sep. 2013 ($1,833 Mil) to Dec. 2013 ($1,771 Mil).

Masco Corporation's annual accounts payable increased from Dec. 2011 ($1,552 Mil) to Dec. 2012 ($1,605 Mil) and increased from Dec. 2012 ($1,605 Mil) to Dec. 2013 ($1,771 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.

Masco Corporation Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 2,0672,0621,9431,7861,4761,4171,4211,5521,6051,771

Masco Corporation Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Accts Payable 1,6791,5521,6161,7911,7501,6051,5771,7871,8331,771
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