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General Electric Co (NYSE:GE)
Accounts Payable
$25,781 Mil (As of Jun. 2015)

General Electric Co's quarterly accounts payable declined from Dec. 2014 ($31,192 Mil) to Mar. 2015 ($28,205 Mil) and declined from Mar. 2015 ($28,205 Mil) to Jun. 2015 ($25,781 Mil).

General Electric Co's annual accounts payable increased from Dec. 2012 ($28,511 Mil) to Dec. 2013 ($31,816 Mil) but then declined from Dec. 2013 ($31,816 Mil) to Dec. 2014 ($31,192 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 28,26228,10734,32336,69532,86027,36129,54628,51131,81631,192

General Electric Co Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Accts Payable 29,43830,61130,49331,81632,21632,38531,35131,19228,20525,781
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