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Medtronic Inc (NYSE:MDT)
Accounts Payable
$2,937 Mil (As of Jul. 2014)

Medtronic Inc's quarterly accounts payable increased from Jan. 2014 ($3,001 Mil) to Apr. 2014 ($3,927 Mil) but then declined from Apr. 2014 ($3,927 Mil) to Jul. 2014 ($2,937 Mil).

Medtronic Inc's annual accounts payable increased from Apr. 2012 ($2,639 Mil) to Apr. 2013 ($3,024 Mil) and increased from Apr. 2013 ($3,024 Mil) to Apr. 2014 ($3,927 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.

Medtronic Inc Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
Accts Payable 2,9011,9702,0542,3812,6252,5462,9912,6393,0243,927

Medtronic Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Accts Payable 2,6392,3502,4961,6403,0242,7272,8333,0013,9272,937
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