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Pier 1 Imports Inc (NYSE:PIR)
Accounts Payable & Accrued Expense
$220 Mil (As of May. 2016)

Pier 1 Imports Inc's quarterly accounts payable & accrued expense declined from Nov. 2015 ($224 Mil) to Feb. 2016 ($181 Mil) but then increased from Feb. 2016 ($181 Mil) to May. 2016 ($220 Mil).

Pier 1 Imports Inc's annual accounts payable & accrued expense increased from Feb. 2014 ($165 Mil) to Feb. 2015 ($223 Mil) but then declined from Feb. 2015 ($223 Mil) to Feb. 2016 ($181 Mil).


Definition

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

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

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
Accounts Payable & Accrued Expense 218213186176164166167165223181

Pier 1 Imports Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
Accounts Payable & Accrued Expense 165244216247223248196224181220
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