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GuruFocus has detected 7 Warning Signs with Equity Residential $EQR.
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Equity Residential (NYSE:EQR)
Accounts Payable & Accrued Expense
$432 Mil (As of Mar. 2017)

Equity Residential's quarterly accounts payable & accrued expense declined from Sep. 2016 ($1,601 Mil) to Dec. 2016 ($401 Mil) but then increased from Dec. 2016 ($401 Mil) to Mar. 2017 ($432 Mil).

Equity Residential's annual accounts payable & accrued expense increased from Dec. 2014 ($432 Mil) to Dec. 2015 ($482 Mil) but then declined from Dec. 2015 ($482 Mil) to Dec. 2016 ($401 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.

Equity Residential Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Accounts Payable & Accrued Expense 375364261279302375441432482401

Equity Residential Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Accounts Payable & Accrued Expense 4324964895484824774361,601401432
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