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Molson Coors Brewing Co (NYSE:TAP)
Accounts Payable & Accrued Expense
$1,316 Mil (As of Jun. 2016)

Molson Coors Brewing Co's quarterly accounts payable & accrued expense declined from Dec. 2015 ($1,184 Mil) to Mar. 2016 ($1,154 Mil) but then increased from Mar. 2016 ($1,154 Mil) to Jun. 2016 ($1,316 Mil).

Molson Coors Brewing Co's annual accounts payable & accrued expense declined from Dec. 2013 ($1,336 Mil) to Dec. 2014 ($1,305 Mil) and declined from Dec. 2014 ($1,305 Mil) to Dec. 2015 ($1,184 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Molson Coors Brewing Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accounts Payable & Accrued Expense 1,6451,5708619551,0739481,1871,3361,3051,184

Molson Coors Brewing Co Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Accounts Payable & Accrued Expense 1,2671,5151,3661,3051,1251,3331,1961,1841,1541,316
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