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GuruFocus has detected 8 Warning Signs with Symantec Corp $SYMC.
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Symantec Corp (NAS:SYMC)
Accounts Payable
{IF BankInsurance_zone 1}
$398 Mil (As of )Dec. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Symantec Corps quarterly accounts payable increased from Jun. 2016 ($305 Mil) to Sep. 2016 ($305 Mil) but then declined from Sep. 2016 ($453 Mil) to Dec. 2016 ($398 Mil)

Symantec Corps quarterly accounts payable declined from Mar. 2014 ($647 Mil) to Mar. 2015 ($647 Mil) but then increased from Mar. 2015 ($448 Mil) to Mar. 2016 ($1,335 Mil)


Definition

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

{data_exp}

Symantec Corp Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
Accts Payable 6926736085987277407566474481,335
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Accts Payable 5295944484676154441,335305453398
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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