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Universal Forest Products Inc (NAS:UFPI)
Accounts Payable
$175 Mil (As of Dec. 2014)

Universal Forest Products Inc's quarterly accounts payable increased from Jun. 2014 ($191 Mil) to Sep. 2014 ($193 Mil) but then declined from Sep. 2014 ($193 Mil) to Dec. 2014 ($175 Mil).

Universal Forest Products Inc's annual accounts payable increased from Dec. 2012 ($115 Mil) to Dec. 2013 ($138 Mil) and increased from Dec. 2013 ($138 Mil) to Dec. 2014 ($175 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

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

Universal Forest Products Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 20419216213513511993115138175

Universal Forest Products Inc Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Accts Payable 129115146161164138148191193175
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