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Spirit Airlines Inc (NAS:SAVE)
Accounts Payable
$96 Mil (As of Jun. 2014)

Spirit Airlines Inc's quarterly accounts payable declined from Dec. 2013 ($168 Mil) to Mar. 2014 ($106 Mil) and declined from Mar. 2014 ($106 Mil) to Jun. 2014 ($96 Mil).

Spirit Airlines Inc's annual accounts payable increased from Dec. 2011 ($51 Mil) to Dec. 2012 ($145 Mil) and increased from Dec. 2012 ($145 Mil) to Dec. 2013 ($168 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.

Spirit Airlines Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 000021495451145168

Spirit Airlines Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 128291101451817512716810696
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