Accounts Payable Explained: Liability vs. Expense in Business

Discover how accounts payable function as short-term liabilities, not expenses, and learn how they impact a company's financial position and cash flow management.
Investopedia

Accrued Expenses vs. Accounts Payable: What’s the Difference?

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
The Motley Fool

What Is Accounts Payable?

Accounts payable represents money a company owes to suppliers for goods or services bought on credit. Effective management of accounts payable helps maintain cash flow and build supplier relationships ...
Investing

Accounts Payable: Definition, Calculation

Accounts payable (AP) refers to the amount of money a business owes to its suppliers or vendors for goods or services received but not yet paid for. These are short-term liabilities that need to be ...
Houston Chronicle

What Does It Mean if a Company's Accounts Receivable Turnover Is Very High?

A high accounts receivable turnover ratio means that you have a strong credit collection policy and do well collecting cash quickly from accounts. High accounts turnover is important for companies in ...