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GuruFocus has detected 4 Warning Signs with Molson Coors Brewing Co $TAP.
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Molson Coors Brewing Co (NYSE:TAP)
Accounts Payable & Accrued Expense
$2,201 Mil (As of Mar. 2017)

Molson Coors Brewing Co's quarterly accounts payable & accrued expense increased from Sep. 2016 ($1,274 Mil) to Dec. 2016 ($2,130 Mil) and increased from Dec. 2016 ($2,130 Mil) to Mar. 2017 ($2,201 Mil).

Molson Coors Brewing Co's annual accounts payable & accrued expense declined from Dec. 2014 ($1,305 Mil) to Dec. 2015 ($965 Mil) but then increased from Dec. 2015 ($965 Mil) to Dec. 2016 ($2,130 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.

Molson Coors Brewing Co Annual Data

Accounts Payable & Accrued Expense 1,5708619551,0739481,1871,4301,3059652,130

Molson Coors Brewing Co Quarterly Data

Accounts Payable & Accrued Expense 1,3051,1251,3331,1969651,1541,3161,2742,1302,201
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