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Twin Disc Inc (NAS:TWIN)
Accounts Payable
{IF BankInsurance_zone 1}
$37.4 Mil (As of )Mar. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Twin Disc Incs quarterly accounts payable declined from Sep. 2015 ($47.4 Mil) to Dec. 2015 ($47.4 Mil) and declined from Dec. 2015 ($40.0 Mil) to Mar. 2016 ($37.4 Mil)

Twin Disc Incs quarterly accounts payable declined from Jun. 2013 ($52.6 Mil) to Jun. 2014 ($52.6 Mil) but then increased from Jun. 2014 ($50.3 Mil) to Jun. 2015 ($50.9 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}

Twin Disc Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
Accts Payable 78.287.965.859.480.058.752.650.350.936.1
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Accts Payable 52.250.350.552.054.050.947.440.037.436.1
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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