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Meredith Corp (NYSE:MDP)
Accounts Payable & Accrued Expense
$219 Mil (As of Dec. 2015)

Meredith Corp's quarterly accounts payable & accrued expense declined from Jun. 2015 ($262 Mil) to Sep. 2015 ($256 Mil) and declined from Sep. 2015 ($256 Mil) to Dec. 2015 ($219 Mil).

Meredith Corp's annual accounts payable & accrued expense increased from Jun. 2013 ($215 Mil) to Jun. 2014 ($222 Mil) and increased from Jun. 2014 ($222 Mil) to Jun. 2015 ($262 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.

Meredith Corp Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
Accounts Payable & Accrued Expense 199184193178229207197215222262

Meredith Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Accounts Payable & Accrued Expense 182197195222208238232262256219
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