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Rite Aid Corp's quarterly accounts payable increased from May. 2015 ($2,312 Mil) to Aug. 2015 ($3,298 Mil) but then declined from Aug. 2015 ($3,298 Mil) to Nov. 2015 ($3,076 Mil).
Rite Aid Corp's annual accounts payable declined from Feb. 2013 ($2,541 Mil) to Feb. 2014 ($2,183 Mil) and declined from Feb. 2014 ($2,183 Mil) to Feb. 2015 ($2,017 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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Rite Aid Corp Annual Data
Rite Aid Corp Quarterly Data