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Walgreen Co (NYSE:WAG)
Accounts Payable
$6,364 Mil (As of Aug. 2014)

Walgreen Co's quarterly accounts payable declined from Feb. 2014 ($7,922 Mil) to May. 2014 ($7,629 Mil) and declined from May. 2014 ($7,629 Mil) to Aug. 2014 ($6,364 Mil).

Walgreen Co's annual accounts payable increased from Aug. 2012 ($5,610 Mil) to Aug. 2013 ($6,608 Mil) but then declined from Aug. 2013 ($6,608 Mil) to Aug. 2014 ($6,364 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.

Walgreen Co Annual Data

Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14
Accts Payable 4,4104,9174,7446,5616,7547,4218,0705,6106,6086,364

Walgreen Co Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
Accts Payable 7,4885,6108,0047,7267,8256,6088,2507,9227,6296,364
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