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Varian Medical Systems Inc (NYSE:VAR)
Accounts Payable
$489 Mil (As of Jun. 2014)

Varian Medical Systems Inc's quarterly accounts payable increased from Dec. 2013 ($486 Mil) to Mar. 2014 ($541 Mil) but then declined from Mar. 2014 ($541 Mil) to Jun. 2014 ($489 Mil).

Varian Medical Systems Inc's annual accounts payable declined from Sep. 2011 ($492 Mil) to Sep. 2012 ($465 Mil) and declined from Sep. 2012 ($465 Mil) to Sep. 2013 ($453 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.

Varian Medical Systems Inc Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
Accts Payable 293329344385358420407492465453

Varian Medical Systems Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 464481465503525447453486541489
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