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Premier Exhibitions Inc (NAS:PRXI)
Accounts Payable
$4.43 Mil (As of May. 2014)

Premier Exhibitions Inc's quarterly accounts payable declined from Nov. 2013 ($4.05 Mil) to Feb. 2014 ($3.30 Mil) but then increased from Feb. 2014 ($3.30 Mil) to May. 2014 ($4.43 Mil).

Premier Exhibitions Inc's annual accounts payable declined from Feb. 2012 ($4.71 Mil) to Feb. 2013 ($4.32 Mil) and declined from Feb. 2013 ($4.32 Mil) to Feb. 2014 ($3.30 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.

Premier Exhibitions Inc Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
Accts Payable 1.661.041.453.5711.715.525.954.714.323.30

Premier Exhibitions Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
Accts Payable 4.715.084.524.504.323.944.944.053.304.43
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