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GuruFocus has detected 2 Warning Signs with Spirit Airlines Inc $SAVE.
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Spirit Airlines Inc (NAS:SAVE)
Accounts Payable
{IF BankInsurance_zone 1}
$120 Mil (As of )Dec. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Spirit Airlines Incs quarterly accounts payable increased from Jun. 2016 ($132 Mil) to Sep. 2016 ($132 Mil) but then declined from Sep. 2016 ($132 Mil) to Dec. 2016 ($120 Mil)

Spirit Airlines Incs quarterly accounts payable increased from Dec. 2014 ($92 Mil) to Dec. 2015 ($92 Mil) and increased from Dec. 2015 ($102 Mil) to Dec. 2016 ($120 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.

Historical Data


Spirit Airlines Inc Annual Data

Accts Payable 02149545114516392102120
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data


{COMPANY->company} Semi-Annual Data

Accts Payable 979212315716102137132132120

Accounts Payable does not apply to insurance companies.

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