Noranda Aluminum Holding Accounts Payable

Noranda Aluminum Holding posts a accounts payable of $85M as of December 2015. That compares with $120M in the prior-year period — down 30.7% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Noranda Aluminum Holding's accounts payable was $120M. The latest reading is $85M — a 30.7% year-over-year decrease (period ending December 2015). Use the history and growth charts on this page for a longer lookback.

Accounts Payable is one piece of Noranda Aluminum Holding's financial statement story. At $85M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for NORNQ's accounts payable usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Noranda Aluminum Holding's other metric pages and overview cover the third.

Judging Noranda Aluminum Holding against Materials peers is usually better than using a market-wide rule of thumb. Business models inside Materials are more comparable, which makes gaps in accounts payable easier to interpret. Start with $85M here, then scan peer and history charts to see if the gap is persistent.