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Sears Holdings Corp's quarterly accounts payable & accrued expense increased from Jul. 2015 ($2,067 Mil) to Oct. 2015 ($2,619 Mil) but then declined from Oct. 2015 ($2,619 Mil) to Jan. 2016 ($1,858 Mil).
Sears Holdings Corp's annual accounts payable & accrued expense declined from Jan. 2014 ($2,956 Mil) to Jan. 2015 ($2,001 Mil) and declined from Jan. 2015 ($2,001 Mil) to Jan. 2016 ($1,858 Mil).
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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Sears Holdings Corp Annual Data
|Accounts Payable & Accrued Expense||3,312||3,487||3,006||3,869||3,592||3,435||3,241||2,956||2,001||1,858|
Sears Holdings Corp Quarterly Data
|Accounts Payable & Accrued Expense||3,990||2,956||3,047||2,942||2,837||2,001||2,056||2,067||2,619||1,858|