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Torchmark Corp's quarterly accounts payable declined from Jun. 2013 ($1,529 Mil) to Sep. 2013 ($1,521 Mil) and declined from Sep. 2013 ($1,521 Mil) to Dec. 2013 ($223 Mil).
Torchmark Corp's annual accounts payable declined from Dec. 2011 ($347 Mil) to Dec. 2012 ($228 Mil) and declined from Dec. 2012 ($228 Mil) to Dec. 2013 ($223 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.
Torchmark Corp Annual Data
Torchmark Corp Quarterly Data