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Safeway Inc.'s quarterly accounts payable declined from Jun. 2013 ($3,238 Mil) to Sep. 2013 ($3,237 Mil) but then increased from Sep. 2013 ($3,237 Mil) to Dec. 2013 ($5,554 Mil).
Safeway Inc.'s annual accounts payable increased from Dec. 2011 ($4,094 Mil) to Dec. 2012 ($4,269 Mil) and increased from Dec. 2012 ($4,269 Mil) to Dec. 2013 ($5,554 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.
Safeway Inc. Annual Data
Safeway Inc. Quarterly Data