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Watsco Inc (NYSE:WSO)
Accounts Payable
{IF BankInsurance_zone 1}
$358 Mil (As of )Sep. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Watsco Incs quarterly accounts payable increased from Mar. 2016 ($347 Mil) to Jun. 2016 ($347 Mil) but then declined from Jun. 2016 ($406 Mil) to Sep. 2016 ($358 Mil)

Watsco Incs quarterly accounts payable increased from Dec. 2013 ($243 Mil) to Dec. 2014 ($243 Mil) but then declined from Dec. 2014 ($287 Mil) to Dec. 2015 ($270 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

{data_exp}

Watsco Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 145129108224266203282243287270
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Accts Payable 385341287356369329270347406358
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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