USD 3,905 Mil as of today(2019-10-23). AAP Accounts Payable & Accrued Expense explanation, calculation, historical data and more" />AAP Accounts Payable & Accrued Expense | Advance Auto Parts - GuruFocus.com
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Advance Auto Parts Accounts Payable & Accrued Expense

: USD 3,905 Mil (As of Jun. 2019)
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Advance Auto Parts's quarterly accounts payable & accrued expense increased from Dec. 2018 (USD 3,680 Mil) to Apr. 2019 (USD 3,807 Mil) and increased from Apr. 2019 (USD 3,807 Mil) to Jun. 2019 (USD 3,905 Mil).

Advance Auto Parts's annual accounts payable & accrued expense declined from Dec. 2016 (USD 3,535 Mil) to Dec. 2017 (USD 3,314 Mil) but then increased from Dec. 2017 (USD 3,314 Mil) to Dec. 2018 (USD 3,680 Mil).


Advance Auto Parts Accounts Payable & Accrued Expense 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.

Advance Auto Parts Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,509.17 3,654.78 3,534.59 3,313.64 3,679.69

Advance Auto Parts Quarterly Data
Sep14 Dec14 Apr15 Jun15 Sep15 Dec15 Apr16 Jun16 Sep16 Dec16 Apr17 Jun17 Sep17 Dec17 Apr18 Jun18 Sep18 Dec18 Apr19 Jun19
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 3,545.89 3,672.48 3,679.69 3,807.23 3,905.09

Advance Auto Parts 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.


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