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Micron Technology, Inc.'s quarterly accounts payable increased from Aug. 2013 ($1,975 Mil) to Nov. 2013 ($2,630 Mil) but then declined from Nov. 2013 ($2,630 Mil) to Feb. 2014 ($2,523 Mil).
Micron Technology, Inc.'s annual accounts payable declined from Aug. 2011 ($1,823 Mil) to Aug. 2012 ($1,500 Mil) but then increased from Aug. 2012 ($1,500 Mil) to Aug. 2013 ($1,975 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.
Micron Technology, Inc. Annual Data
Micron Technology, Inc. Quarterly Data