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Valspar Corporation (NYSE:VAL)
Accounts Payable
$964 Mil (As of Jan. 2014)

Valspar Corporation's quarterly accounts payable increased from Jul. 2013 ($944 Mil) to Oct. 2013 ($1,036 Mil) but then declined from Oct. 2013 ($1,036 Mil) to Jan. 2014 ($964 Mil).

Valspar Corporation's annual accounts payable increased from Oct. 2011 ($793 Mil) to Oct. 2012 ($887 Mil) and increased from Oct. 2012 ($887 Mil) to Oct. 2013 ($1,036 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.

Valspar Corporation Annual Data

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
Accts Payable 5055376696427217048777938871,036

Valspar Corporation Quarterly Data

Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14
Accts Payable 7937668469118877848609441,036964
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