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Watsco Inc (NYSE:WSO)
Accounts Payable
$356 Mil (As of Mar. 2015)

Watsco Inc's quarterly accounts payable declined from Sep. 2014 ($341 Mil) to Dec. 2014 ($287 Mil) but then increased from Dec. 2014 ($287 Mil) to Mar. 2015 ($356 Mil).

Watsco Inc's annual accounts payable declined from Dec. 2012 ($282 Mil) to Dec. 2013 ($243 Mil) but then increased from Dec. 2013 ($243 Mil) to Dec. 2014 ($287 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.

Watsco Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 169145129108224266203282243287

Watsco Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Accts Payable 282310362312243353385341287356
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