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Chicago Bridge & Iron Company (NYSE:CBI)
Accounts Payable
$2,007 Mil (As of Sep. 2014)

Chicago Bridge & Iron Company's quarterly accounts payable increased from Mar. 2014 ($1,859 Mil) to Jun. 2014 ($1,962 Mil) and increased from Jun. 2014 ($1,962 Mil) to Sep. 2014 ($2,007 Mil).

Chicago Bridge & Iron Company's annual accounts payable increased from Dec. 2011 ($786 Mil) to Dec. 2012 ($859 Mil) and increased from Dec. 2012 ($859 Mil) to Dec. 2013 ($2,013 Mil).


Definition

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Chicago Bridge & Iron Company Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 2693831,1088499787185957868592,013

Chicago Bridge & Iron Company Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Accts Payable 8089358591,8541,7861,7782,0131,8591,9622,007
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