Value, as of the end of the reporting period, of all outstanding debts that must be paid by the organization within a given period of time in order to avoid default.
Value, as of the end of the reporting period, of all outstanding debts that must be paid by the organization within a given period of time in order to avoid default.
This metric is intended to capture the value of accounts payable by the organization, which are debts the organization owes that will be paid in the future according to negotiated terms.
Metrics identified as "cross-category" are those that are relevant to any IRIS+ Impact Category or Impact Theme (i.e., these metrics are not specific to any particular industry/category or theme).
June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revisions to definition and usage guidance for clarity.
January 2020 - IRIS v5.1 Released
No change.
May 2019 - IRIS v5.0 Released
No change.
March 2016 - IRIS v4.0 Released
No change.
March 2014 - IRIS v3.0 Released
Immaterial change. Minor revision to definition language for clarity.
November 2011 - IRIS v2.2 Released
No change.
February 2011 - IRIS v2.1 Released
No change.
September 2010 - IRIS v2.0 Released
Immaterial change. IRIS ID changed due to framework upgrade. Minor revision to definition language for clarity.
September 2009 - IRIS v1.0 Released
New metric. Accounts Payable (FP2852) was developed via the Original IRIS Working Group.