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Swift Transportation Co (Swift Transportation Co) Accounts Payable & Accrued Expense : $363 Mil (As of Jun. 2017)


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What is Swift Transportation Co Accounts Payable & Accrued Expense?

Swift Transportation Co's quarterly accounts payable & accrued expense increased from Dec. 2016 ($327 Mil) to Mar. 2017 ($363 Mil) and increased from Mar. 2017 ($363 Mil) to Jun. 2017 ($363 Mil).

Swift Transportation Co's annual accounts payable & accrued expense declined from Dec. 2014 ($339 Mil) to Dec. 2015 ($302 Mil) but then increased from Dec. 2015 ($302 Mil) to Dec. 2016 ($327 Mil).


Swift Transportation Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Swift Transportation Co's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Swift Transportation Co Accounts Payable & Accrued Expense Chart

Swift Transportation Co Annual Data
Trend Dec05 Dec06 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 307.02 303.74 338.65 301.83 326.53

Swift Transportation Co Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 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 323.39 349.48 326.53 363.37 363.41

Swift Transportation Co 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.


Swift Transportation Co (Swift Transportation Co) Business Description

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Swift Transportation is the largest full-truckload carrier (74% of revenue) in the United States, with an effective fleet of more than 19,000 tractors across all its divisions, when including owner-operators. Following its acquisition of Central Refrigerated in 2013, it ranks among the top 10 temperature-controlled providers (8%). Swift also offers intermodal (9%), which competes with the likes of J.B. Hunt. In December 2010, Swift came public for a second time; founder Jerry Moyes had taken it private in 2007.

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