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Meredith Corp (NYSE:MDP)
Accounts Payable
$208 Mil (As of Sep. 2014)

Meredith Corp's quarterly accounts payable increased from Mar. 2014 ($195 Mil) to Jun. 2014 ($222 Mil) but then declined from Jun. 2014 ($222 Mil) to Sep. 2014 ($208 Mil).

Meredith Corp's annual accounts payable increased from Jun. 2012 ($197 Mil) to Jun. 2013 ($215 Mil) and increased from Jun. 2013 ($215 Mil) to Jun. 2014 ($222 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.

Meredith Corp Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
Accts Payable 168199184193178229207197215222

Meredith Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Accts Payable 197177190183215182197195222208
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