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Radiant Logistics, Inc. (AMEX:RLGT)
Accounts Payable
$46.7 Mil (As of Dec. 2013)

Radiant Logistics, Inc.'s quarterly accounts payable declined from Jun. 2013 ($44.4 Mil) to Sep. 2013 ($41.4 Mil) but then increased from Sep. 2013 ($41.4 Mil) to Dec. 2013 ($46.7 Mil).

Radiant Logistics, Inc.'s annual accounts payable increased from Jun. 2011 ($37.2 Mil) to Jun. 2012 ($49.0 Mil) but then declined from Jun. 2012 ($49.0 Mil) to Jun. 2013 ($44.4 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.

Radiant Logistics, Inc. Annual Data

Dec04Dec05Jun07Jun08Jun09Jun10Jun11Jun12Jun13
Accts Payable 0.00.00.014.511.817.219.337.249.044.4

Radiant Logistics, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Accts Payable 38.141.738.949.045.042.741.044.441.446.7
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