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GuruFocus has detected 4 Warning Signs with Adobe Systems Inc $ADBE.
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Adobe Systems Inc (NAS:ADBE)
Accounts Payable & Accrued Expense
$1,042 Mil (As of May. 2017)

Adobe Systems Inc's quarterly accounts payable & accrued expense increased from Nov. 2016 ($866 Mil) to Feb. 2017 ($966 Mil) and increased from Feb. 2017 ($966 Mil) to May. 2017 ($1,042 Mil).

Adobe Systems Inc's annual accounts payable & accrued expense declined from Nov. 2014 ($793 Mil) to Nov. 2015 ($779 Mil) but then increased from Nov. 2015 ($779 Mil) to Nov. 2016 ($866 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.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Adobe Systems Inc Annual Data

Accounts Payable & Accrued Expense 454491563679765699735793779866

Adobe Systems Inc Quarterly Data

Accounts Payable & Accrued Expense 6587618017796687527608669661,042
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