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Rite Aid Corp (NYSE:RAD)
Accounts Payable
$2,443 Mil (As of May. 2014)

Rite Aid Corp's quarterly accounts payable declined from Nov. 2013 ($2,517 Mil) to Feb. 2014 ($2,458 Mil) and declined from Feb. 2014 ($2,458 Mil) to May. 2014 ($2,443 Mil).

Rite Aid Corp's annual accounts payable increased from Feb. 2012 ($2,491 Mil) to Feb. 2013 ($2,541 Mil) but then declined from Feb. 2013 ($2,541 Mil) to Feb. 2014 ($2,458 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.

Rite Aid Corp Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
Accts Payable 1,4481,5591,4282,1542,2622,1242,3572,4912,5412,458

Rite Aid Corp Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
Accts Payable 2,4912,4472,3972,6152,5412,4352,5002,5172,4582,443
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