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Corning Inc (NYSE:GLW)
Accounts Payable
$1,865 Mil (As of Sep. 2015)

Corning Inc's quarterly accounts payable increased from Mar. 2015 ($1,789 Mil) to Jun. 2015 ($1,920 Mil) but then declined from Jun. 2015 ($1,920 Mil) to Sep. 2015 ($1,865 Mil).

Corning Inc's annual accounts payable declined from Dec. 2012 ($1,880 Mil) to Dec. 2013 ($1,355 Mil) but then increased from Dec. 2013 ($1,355 Mil) to Dec. 2014 ($2,288 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.

Corning Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 1,7752,4891,9741,4651,9292,0701,8801,3552,2882,242

Corning Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Accts Payable 1,5551,3551,5781,7271,6832,2881,7891,9201,8652,242
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