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165.45 (1y: +25%)
Market Cap 124.89 B P/E(ttm)
Enterprise Value P/B
SPY- (USA)
SPDR S&P 500 ETF
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
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Top Ranked Predictable Companies
$165.45
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Definition

Accounts Payable is money owned by a business to its suppliers. It is a liability that expected to be paid by the business within 12 months.

From a cash flow point of view, if a company’s accounts payable increase, it means that the company’s cash level is higher by the same amount. This is because accounts payable are eventually paid in the cash. The slower accounts payable are paid, the longer the company has use of the cash. Therefore, accounts payable contribute positively to cash flow.

A company’s accounts payable are reflected on its suppliers’ balance sheet as Accounts Receivable.

Related Terms

Accounts Receivable

Financial Dictionary

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