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GuruFocus has detected 4 Warning Signs with Steelcase Inc $SCS.
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Steelcase Inc (NYSE:SCS)
Accounts Payable
{IF BankInsurance_zone 1}
$498 Mil (As of )Nov. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Steelcase Incs quarterly accounts payable increased from May. 2016 ($418 Mil) to Aug. 2016 ($418 Mil) and increased from Aug. 2016 ($459 Mil) to Nov. 2016 ($498 Mil)

Steelcase Incs quarterly accounts payable declined from Feb. 2014 ($520 Mil) to Feb. 2015 ($520 Mil) but then increased from Feb. 2015 ($516 Mil) to Feb. 2016 ($536 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


Steelcase Inc Annual Data

Accts Payable 639675515405481444469520516536
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data


{COMPANY->company} Semi-Annual Data

Accts Payable 505539516461513539536418459498

Accounts Payable does not apply to insurance companies.

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