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Steelcase Inc (NYSE:SCS)
Accounts Payable & Accrued Expense
$418 Mil (As of May. 2016)

Steelcase Inc's quarterly accounts payable & accrued expense declined from Nov. 2015 ($539 Mil) to Feb. 2016 ($536 Mil) and declined from Feb. 2016 ($536 Mil) to May. 2016 ($418 Mil).

Steelcase Inc's annual accounts payable & accrued expense increased from Feb. 2013 ($469 Mil) to Feb. 2014 ($520 Mil) but then declined from Feb. 2014 ($520 Mil) to Feb. 2015 ($516 Mil).


Definition

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

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.

Steelcase Inc Annual Data

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
Accounts Payable & Accrued Expense 639675515405481444469520516536

Steelcase Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
Accounts Payable & Accrued Expense 520453505539516461513539536418
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