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Steelcase Inc's quarterly accounts payable declined from Nov. 2014 ($539 Mil) to Feb. 2015 ($518 Mil) and declined from Feb. 2015 ($518 Mil) to May. 2015 ($461 Mil).
Steelcase Inc's annual accounts payable increased from Feb. 2013 ($469 Mil) to Feb. 2014 ($520 Mil) but then declined from Feb. 2014 ($520 Mil) to Feb. 2015 ($518 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.
Steelcase Inc Annual Data
Steelcase Inc Quarterly Data