Copart's quarterly accounts payable & accrued expense
increased
from Jul. 2020 ($191 Mil) to Oct. 2020 ($372 Mil) but then
declined
from Oct. 2020 ($372 Mil) to Jan. 2021 ($333 Mil).
Copart's annual accounts payable & accrued expense
declined
from Jul. 2018 ($172 Mil) to Jul. 2019 ($160 Mil) but then
increased
from Jul. 2019 ($160 Mil) to Jul. 2020 ($191 Mil).
Copart Accounts Payable & Accrued Expense 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.
Copart Accounts Payable & Accrued Expense Headlines
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