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Meredith Corp's quarterly accounts payable increased from Sep. 2013 ($182 Mil) to Dec. 2013 ($197 Mil) but then declined from Dec. 2013 ($197 Mil) to Mar. 2014 ($195 Mil).
Meredith Corp's annual accounts payable declined from Jun. 2011 ($207 Mil) to Jun. 2012 ($197 Mil) but then increased from Jun. 2012 ($197 Mil) to Jun. 2013 ($215 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.
Meredith Corp Annual Data
Meredith Corp Quarterly Data