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PetSmart Inc (NAS:PETM)
Accounts Payable
$467 Mil (As of Jul. 2014)

PetSmart Inc's quarterly accounts payable declined from Jan. 2014 ($574 Mil) to Apr. 2014 ($451 Mil) but then increased from Apr. 2014 ($451 Mil) to Jul. 2014 ($467 Mil).

PetSmart Inc's annual accounts payable increased from Jan. 2012 ($426 Mil) to Jan. 2013 ($569 Mil) and increased from Jan. 2013 ($569 Mil) to Jan. 2014 ($574 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

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

PetSmart Inc Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
Accts Payable 251302437436339380372426569574

PetSmart Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Accts Payable 442460502569460485484574451467
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