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Meritage Homes Corp (NYSE:MTH)
Accounts Payable
{IF BankInsurance_zone 1}
$329 Mil (As of )Sep. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Meritage Homes Corps quarterly accounts payable increased from Mar. 2016 ($268 Mil) to Jun. 2016 ($268 Mil) and increased from Jun. 2016 ($281 Mil) to Sep. 2016 ($329 Mil)

Meritage Homes Corps quarterly accounts payable increased from Dec. 2013 ($219 Mil) to Dec. 2014 ($219 Mil) and increased from Dec. 2014 ($238 Mil) to Dec. 2015 ($268 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}

Meritage Homes Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 384262157134111117140219238268
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Accts Payable 219257238233241276268268281329
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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