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T. Rowe Price Group Inc (NAS:TROW)
Accounts Payable
{IF BankInsurance_zone 1}
$723 Mil (As of )Sep. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

T. Rowe Price Group Incs quarterly accounts payable declined from Mar. 2016 ($557 Mil) to Jun. 2016 ($557 Mil) but then increased from Jun. 2016 ($533 Mil) to Sep. 2016 ($723 Mil)

T. Rowe Price Group Incs quarterly accounts payable increased from Dec. 2013 ($215 Mil) to Dec. 2014 ($215 Mil) and increased from Dec. 2014 ($249 Mil) to Dec. 2015 ($345 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}

T. Rowe Price Group Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 224286173167185176202215249345
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Accts Payable 395541249960448593345557533723
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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