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MeadWestvaco Corp's quarterly accounts payable increased from Sep. 2013 ($964 Mil) to Dec. 2013 ($1,097 Mil) but then declined from Dec. 2013 ($1,097 Mil) to Mar. 2014 ($952 Mil).
MeadWestvaco Corp's annual accounts payable increased from Dec. 2011 ($1,011 Mil) to Dec. 2012 ($1,038 Mil) and increased from Dec. 2012 ($1,038 Mil) to Dec. 2013 ($1,097 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.
MeadWestvaco Corp Annual Data
MeadWestvaco Corp Quarterly Data