Lithia Motors, Inc. (NYSE:LAD) Accounts Payable At $78.25

Lithia Motors, Inc. (NYSE:LAD) posted accounts payable of $78.25 millions for the year ended 2016-03-31. For the quarter ended 2016-03-31 it was $78.25 millions.

At the close of the fiscal ending 2016-03-31, the company recorded a change of $0.674 millions in accounts payable. For the quarter ended 2016-03-31 the change was $0.674 millions.

When any firm orders and gets services/goods up front of compensating for them, it is stated the firm is purchasing the services/goods on credit/account. The supplier on credit is called a creditor. If the receiver doesn’t issues a promissory note, the supplier’s invoice is noted as Accounts Payable in account liability.

For the fiscal 2016-03-31, current deferred tax assets were $1.548 millions, which amounted to $1.548 millions for the quarter closed 2016-03-31.

For the year ended 2016-03-31, Lithia Motors, Inc. (NYSE:LAD) posted change of 9.181 millions in assets and liabilities. This amounted to $9.181 millions for the quarter closed 2016-03-31.

For year ended 2016-03-31 ‘days sales’ in receivables was 14.3165. While for the quarter closed 2016-03-31 it was 14.3165.

Lithia Motors, Inc. (NYSE:LAD) posted deviation of $25.564 millions and $25.564 millions, respectively for the quarter and fiscal ended 2016-03-31 and 2016-03-31, in that order.

For the year closed 2016-03-31, the change in inventory was $-197.079 millions, and it amounted to $-197.079 millions for the quarter ended 2016-03-31.

The current portion of the reported outstanding debt for the year ended 2016-03-31 is 31.912 millions. For quarter ended 2016-03-31 it was $31.912 millions.

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