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Ryder System Inc (NYSE:R)
Accounts Payable
$1,013 Mil (As of Sep. 2014)

Ryder System Inc's quarterly accounts payable declined from Mar. 2014 ($972 Mil) to Jun. 2014 ($959 Mil) but then increased from Jun. 2014 ($959 Mil) to Sep. 2014 ($1,013 Mil).

Ryder System Inc's annual accounts payable increased from Dec. 2011 ($760 Mil) to Dec. 2012 ($905 Mil) and increased from Dec. 2012 ($905 Mil) to Dec. 2013 ($972 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.

Ryder System Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 1,065984935797727618711760905972

Ryder System Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Accts Payable 9806259056709389239729729591,013
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