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Mueller Industries Inc (NYSE:MLI)
Accounts Payable
$131 Mil (As of Mar. 2015)

Mueller Industries Inc's quarterly accounts payable increased from Sep. 2014 ($127 Mil) to Dec. 2014 ($142 Mil) but then declined from Dec. 2014 ($142 Mil) to Mar. 2015 ($131 Mil).

Mueller Industries Inc's annual accounts payable declined from Dec. 2012 ($122 Mil) to Dec. 2013 ($118 Mil) but then increased from Dec. 2013 ($118 Mil) to Dec. 2014 ($142 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.

Mueller Industries Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 1621391809999101105122118142

Mueller Industries Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Accts Payable 122108108111118137136127142131
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