Switch to:
teststest
Micron Technology Inc (NAS:MU)
Accounts Payable
{IF BankInsurance_zone 1}
$3,747 Mil (As of )Aug. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Micron Technology Incs quarterly accounts payable increased from Feb. 2016 ($3,087 Mil) to May. 2016 ($3,087 Mil) and increased from May. 2016 ($3,599 Mil) to Aug. 2016 ($3,747 Mil)

Micron Technology Incs quarterly accounts payable declined from Aug. 2014 ($2,766 Mil) to Aug. 2015 ($2,766 Mil) but then increased from Aug. 2015 ($2,596 Mil) to Aug. 2016 ($3,747 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}

Micron Technology Inc Annual Data

Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15Aug16
Accts Payable 1,3001,1111,0371,5091,8231,5001,9752,7662,5963,747
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16
Accts Payable 2,7322,7662,8552,5613,1252,5962,7843,0873,5993,747
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK