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GuruFocus has detected 4 Warning Signs with Apollo Education Group Inc $APOL.
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Apollo Education Group Inc (NAS:APOL)
Accounts Payable & Accrued Expense
$268 Mil (As of Nov. 2016)

Apollo Education Group Inc's quarterly accounts payable & accrued expense declined from May. 2016 ($295 Mil) to Aug. 2016 ($284 Mil) and declined from Aug. 2016 ($284 Mil) to Nov. 2016 ($268 Mil).

Apollo Education Group Inc's annual accounts payable & accrued expense declined from Aug. 2014 ($415 Mil) to Aug. 2015 ($333 Mil) and declined from Aug. 2015 ($333 Mil) to Aug. 2016 ($284 Mil).


Definition

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.

Apollo Education Group Inc Annual Data

Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15Aug16
Accounts Payable & Accrued Expense 184174335466500380406415333284

Apollo Education Group Inc Quarterly Data

Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16
Accounts Payable & Accrued Expense 415258380325333291339295284268
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