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Meritage Homes Corp's quarterly accounts payable declined from Dec. 2013 ($219 Mil) to Mar. 2014 ($202 Mil) but then increased from Mar. 2014 ($202 Mil) to Jun. 2014 ($219 Mil).
Meritage Homes Corp's annual accounts payable increased from Dec. 2011 ($126 Mil) to Dec. 2012 ($159 Mil) and increased from Dec. 2012 ($159 Mil) to Dec. 2013 ($219 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.
Meritage Homes Corp Annual Data
Meritage Homes Corp Quarterly Data