Metrics & KPIsAccounts Payable
Definition
Money owed (payable) to suppliers for goods or services purchased on credit that must be paid within a year. Any money that a company owes its suppliers for goods and services. Accounts payable is recorded on a company's balance sheet as a short-term (current) liability.
Tags
purchase, balance sheet, Liability, accounts payable, supplier
Metadata
Category: Accounts payable · Added: May 17, 2026