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Murphy Oil Corp's quarterly accounts payable & accrued expense declined from Jun. 2015 ($1,736 Mil) to Sep. 2015 ($1,629 Mil) but then increased from Sep. 2015 ($1,629 Mil) to Dec. 2015 ($1,648 Mil).
Murphy Oil Corp's annual accounts payable & accrued expense declined from Dec. 2013 ($2,559 Mil) to Dec. 2014 ($2,531 Mil) and declined from Dec. 2014 ($2,531 Mil) to Dec. 2015 ($1,648 Mil).
Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.
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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Murphy Oil Corp Annual Data
|Accounts Payable & Accrued Expense||1,090||1,988||1,886||2,182||2,914||2,452||3,359||2,559||2,531||1,648|
Murphy Oil Corp Quarterly Data
|Accounts Payable & Accrued Expense||3,162||2,559||2,437||2,559||2,395||2,531||2,006||1,736||1,629||1,648|