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The Valspar Corp's quarterly accounts payable & accrued expense declined from Oct. 2015 ($1,031 Mil) to Jan. 2016 ($887 Mil) but then increased from Jan. 2016 ($887 Mil) to Apr. 2016 ($949 Mil).
The Valspar Corp's annual accounts payable & accrued expense increased from Oct. 2013 ($1,036 Mil) to Oct. 2014 ($1,094 Mil) but then declined from Oct. 2014 ($1,094 Mil) to Oct. 2015 ($1,031 Mil).
Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.
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.
The Valspar Corp Annual Data
|Accounts Payable & Accrued Expense||669||642||721||704||877||861||887||1,036||1,094||1,031|
The Valspar Corp Quarterly Data
|Accounts Payable & Accrued Expense||964||1,022||1,112||1,094||980||966||989||1,031||887||949|