Current Liabilities
Accounts Payable
American Electric Power Accounts Payable decreased by 15.4% to $2.26B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 0.8%, from $2.24B to $2.26B. Over 2 years (FY 2020 to FY 2022), Accounts Payable shows an upward trend with a 25.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase can indicate better credit terms or increased production volume, while a decrease might suggest faster payments or reduced purchasing.
Detailed definition
The amount of money a company owes to its suppliers and vendors for goods and services purchased on credit. In a large-s...
Peer comparison
Companies with significant supply chain leverage often maintain high payables to maximize their own cash-on-hand.
Metric ID:
accounts_payableHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $1.64B | $1.60B | $2.05B | $1.69B | $2.20B | $2.24B | $2.67B | $2.26B |
| QoQ Change | — | -2.7% | +28.6% | -17.5% | +29.7% | +1.9% | +19.2% | -15.4% |
| YoY Change | — | — | — | — | +33.9% | +40.3% | +30.0% | +0.8% |
Range$1.60B – $2.67B
CAGR+20.0%
Avg YoY Growth+26.2%
Median YoY Growth+31.9%
Accounts Payable at Other Companies
Frequently Asked Questions
- What is American Electric Power's accounts payable?
- American Electric Power (AEP) reported accounts payable of $2.26B in Q3 2023.
- How has American Electric Power's accounts payable changed year-over-year?
- American Electric Power's accounts payable increased by 0.8% year-over-year, from $2.24B to $2.26B.
- What is the long-term trend for American Electric Power's accounts payable?
- Over 2 years (2020 to 2022), American Electric Power's accounts payable has grown at a 25.0% compound annual growth rate (CAGR), from $1.71B to $2.67B.
- What does accounts payable mean?
- The total amount of money the company owes to its suppliers for items it has already received.