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Universal Forest Products Inc's quarterly accounts payable increased from Dec. 2013 ($138 Mil) to Mar. 2014 ($148 Mil) and increased from Mar. 2014 ($148 Mil) to Jun. 2014 ($191 Mil).
Universal Forest Products Inc's annual accounts payable increased from Dec. 2011 ($93 Mil) to Dec. 2012 ($115 Mil) and increased from Dec. 2012 ($115 Mil) to Dec. 2013 ($138 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.
Universal Forest Products Inc Annual Data
Universal Forest Products Inc Quarterly Data