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Pier 1 Imports Inc (NYSE:PIR)
Accounts Payable
$224 Mil (As of Nov. 2015)

Pier 1 Imports Inc's quarterly accounts payable declined from May. 2015 ($249 Mil) to Aug. 2015 ($196 Mil) but then increased from Aug. 2015 ($196 Mil) to Nov. 2015 ($224 Mil).

Pier 1 Imports Inc's annual accounts payable declined from Feb. 2013 ($167 Mil) to Feb. 2014 ($165 Mil) but then increased from Feb. 2014 ($165 Mil) to Feb. 2015 ($199 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.

Pier 1 Imports Inc Annual Data

Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15
Accts Payable 208218213186176164166167165199

Pier 1 Imports Inc Quarterly Data

Aug13Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15
Accts Payable 212238165244216247199249196224
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