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M&T Bank Corp's quarterly accounts payable increased from Sep. 2014 ($1,328 Mil) to Dec. 2014 ($1,568 Mil) but then declined from Dec. 2014 ($1,568 Mil) to Mar. 2015 ($1,553 Mil).
M&T Bank Corp's annual accounts payable declined from Dec. 2012 ($1,513 Mil) to Dec. 2013 ($1,369 Mil) but then increased from Dec. 2013 ($1,369 Mil) to Dec. 2014 ($1,568 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.
M&T Bank Corp Annual Data
M&T Bank Corp Quarterly Data