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GuruFocus has detected 1 Warning Sign with D.R. Horton Inc $DHI.
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D.R. Horton Inc (NYSE:DHI)
Accounts Payable & Accrued Expense
$782 Mil (As of Mar. 2017)

D.R. Horton Inc's quarterly accounts payable & accrued expense declined from Sep. 2016 ($833 Mil) to Dec. 2016 ($742 Mil) but then increased from Dec. 2016 ($742 Mil) to Mar. 2017 ($782 Mil).

D.R. Horton Inc's annual accounts payable & accrued expense increased from Sep. 2014 ($738 Mil) to Sep. 2015 ($774 Mil) and increased from Sep. 2015 ($774 Mil) to Sep. 2016 ($833 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.

D.R. Horton Inc Annual Data

Accounts Payable & Accrued Expense 1,5241,0961,2111,144334499670738774833

D.R. Horton Inc Quarterly Data

Accounts Payable & Accrued Expense 7367281,322774721737855833742782
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