Accounts payable
Amounts owed to suppliers classified as current.
Worked example · a round-number company
Accounts payable$1.0B÷Total assets$10.0B=Share of assets10.0%This period$1.0B÷A year before$800M− 1 =Change+25.0%How to read it
↕Neither higher nor lower is better. Shows obligations from normal purchases and operations.
Keep in mind
- Does not include every accrued expense or borrowing.