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Best Buy Co Inc  (NYSE:BBY) Accounts Payable & Accrued Expense: $6,251 Mil (As of Jul. 2017)

Best Buy Co Inc's quarterly accounts payable & accrued expense declined from Jan. 2017 ($6,233 Mil) to Apr. 20 ($5,665 Mil) but then increased from Apr. 20 ($5,665 Mil) to Jul. 2017 ($6,251 Mil).

Best Buy Co Inc's annual accounts payable & accrued expense declined from Jan. 2015 ($6,414 Mil) to Jan. 2016 ($5,764 Mil) but then increased from Jan. 2016 ($5,764 Mil) to Jan. 2017 ($6,233 Mil).


Historical Data

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

* Premium members only.

Best Buy Co Inc Annual Data

Feb08 Feb09 Feb10 Feb11 Feb12 Jan13 Jan14 Jan15 Jan16 Jan17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,788.00 6,586.00 6,414.00 5,764.00 6,233.00

Best Buy Co Inc Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,008.00 7,366.00 6,233.00 5,665.00 6,251.00

Calculation

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.


Headlines

From the Internet

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- Seekingalpha 2017-09-18 07:41:33

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