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General Electric Co (NYSE:GE)
Accounts Payable
$32,216 Mil (As of Mar. 2014)

General Electric Co's quarterly accounts payable increased from Sep. 2013 ($30,493 Mil) to Dec. 2013 ($61,940 Mil) but then declined from Dec. 2013 ($61,940 Mil) to Mar. 2014 ($32,216 Mil).

General Electric Co's annual accounts payable increased from Dec. 2011 ($29,546 Mil) to Dec. 2012 ($58,634 Mil) and increased from Dec. 2012 ($58,634 Mil) to Dec. 2013 ($61,940 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.

General Electric Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 23,07425,63926,94534,32336,69532,86027,36129,54658,63461,940

General Electric Co Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Accts Payable 29,54629,50328,49827,03858,63429,43830,61130,49361,94032,216
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