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GuruFocus has detected 6 Warning Signs with Symantec Corp $SYMC.
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Symantec Corp (NAS:SYMC)
Accounts Payable & Accrued Expense
$482 Mil (As of Mar. 2017)

Symantec Corp's quarterly accounts payable & accrued expense declined from Sep. 2016 ($453 Mil) to Dec. 2016 ($398 Mil) but then increased from Dec. 2016 ($398 Mil) to Mar. 2017 ($482 Mil).

Symantec Corp's annual accounts payable & accrued expense increased from Mar. 2015 ($448 Mil) to Mar. 2016 ($1,335 Mil) but then declined from Mar. 2016 ($1,335 Mil) to Mar. 2017 ($482 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.

Symantec Corp Annual Data

Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16Mar17
Accounts Payable & Accrued Expense 6736085987277407566474481,335482

Symantec Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Accounts Payable & Accrued Expense 5944484676154441,335305453398482
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