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Watsco Inc (NYSE:WSO)
Accounts Payable
$353 Mil (As of Mar. 2014)

Watsco Inc's quarterly accounts payable declined from Sep. 2013 ($312 Mil) to Dec. 2013 ($243 Mil) but then increased from Dec. 2013 ($243 Mil) to Mar. 2014 ($353 Mil).

Watsco Inc's annual accounts payable increased from Dec. 2011 ($203 Mil) to Dec. 2012 ($282 Mil) but then declined from Dec. 2012 ($282 Mil) to Dec. 2013 ($243 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 137169145129108224266203282243

Watsco Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 265381328282310362312243353385
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