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Rackspace Hosting, Inc.'s quarterly accounts payable increased from Jun. 2013 ($179 Mil) to Sep. 2013 ($213 Mil) but then declined from Sep. 2013 ($213 Mil) to Dec. 2013 ($196 Mil).
Rackspace Hosting, Inc.'s annual accounts payable increased from Dec. 2011 ($156 Mil) to Dec. 2012 ($175 Mil) and increased from Dec. 2012 ($175 Mil) to Dec. 2013 ($196 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.
Rackspace Hosting, Inc. Annual Data
Rackspace Hosting, Inc. Quarterly Data