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Freeport-McMoRan Inc (NYSE:FCX)
Accounts Payable
$4,074 Mil (As of Mar. 2014)

Freeport-McMoRan Inc's quarterly accounts payable declined from Sep. 2013 ($4,171 Mil) to Dec. 2013 ($3,695 Mil) but then increased from Dec. 2013 ($3,695 Mil) to Mar. 2014 ($4,074 Mil).

Freeport-McMoRan Inc's annual accounts payable increased from Dec. 2011 ($2,354 Mil) to Dec. 2012 ($2,514 Mil) and increased from Dec. 2012 ($2,514 Mil) to Dec. 2013 ($3,695 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.

Freeport-McMoRan Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 5269339532,4751,7922,0242,8042,3542,5143,695

Freeport-McMoRan Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 2,9202,7112,8892,5143,0175,2534,1713,6954,0744,524
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