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Thermon Group Holdings Inc (NYSE:THR)
Accounts Payable
{IF BankInsurance_zone 1}
$29.6 Mil (As of )Sep. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Thermon Group Holdings Incs quarterly accounts payable declined from Mar. 2016 ($40.4 Mil) to Jun. 2016 ($40.4 Mil) but then increased from Jun. 2016 ($29.4 Mil) to Sep. 2016 ($29.6 Mil)

Thermon Group Holdings Incs quarterly accounts payable increased from Mar. 2014 ($27.2 Mil) to Mar. 2015 ($27.2 Mil) and increased from Mar. 2015 ($36.6 Mil) to Mar. 2016 ($40.4 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}

Thermon Group Holdings Inc Annual Data

Mar09Mar10Mar12Mar13Mar14Mar15Mar16
Accts Payable 0.00.00.028.325.138.038.627.236.640.4
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Accts Payable 31.338.743.036.628.428.334.640.429.429.6
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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