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McCormick & Co Inc (NYSE:MKC)
Accounts Payable
{IF BankInsurance_zone 1}
$781 Mil (As of )Aug. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

McCormick & Co Incs quarterly accounts payable increased from Feb. 2016 ($702 Mil) to May. 2016 ($702 Mil) and increased from May. 2016 ($757 Mil) to Aug. 2016 ($781 Mil)

McCormick & Co Incs quarterly accounts payable increased from Nov. 2013 ($849 Mil) to Nov. 2014 ($849 Mil) and increased from Nov. 2014 ($851 Mil) to Nov. 2015 ($897 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

{data_exp}

McCormick & Co Inc Annual Data

Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15
Accts Payable 699712680702734630795849851897
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16
Accts Payable 694724851705716720897702757781
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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