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The Wendy's Co's quarterly accounts payable & accrued expense declined from Jun. 2016 ($163 Mil) to Sep. 2016 ($150 Mil) and declined from Sep. 2016 ($150 Mil) to Dec. 2016 ($130 Mil).
The Wendy's Co's annual accounts payable & accrued expense declined from Dec. 2014 ($203 Mil) to Dec. 2015 ($178 Mil) and declined from Dec. 2015 ($178 Mil) to Dec. 2016 ($130 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 local exchange's currency.
The Wendy's Co Annual Data
|Accounts Payable & Accrued Expense||172||391||299||327||260||208||187||203||178||130|
The Wendy's Co Quarterly Data
|Accounts Payable & Accrued Expense||234||203||196||198||195||178||147||163||150||130|