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Parexel International Corp's quarterly accounts payable declined from Sep. 2014 ($264 Mil) to Dec. 2014 ($239 Mil) but then increased from Dec. 2014 ($239 Mil) to Mar. 2015 ($241 Mil).
Parexel International Corp's annual accounts payable increased from Jun. 2012 ($220 Mil) to Jun. 2013 ($246 Mil) and increased from Jun. 2013 ($246 Mil) to Jun. 2014 ($314 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.
Parexel International Corp Annual Data
Parexel International Corp Quarterly Data