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Murphy Oil Corporation (NYSE:MUR)
Accounts Payable
$2,559 Mil (As of Dec. 2013)

Murphy Oil Corporation's quarterly accounts payable declined from Jun. 2013 ($3,735 Mil) to Sep. 2013 ($3,162 Mil) and declined from Sep. 2013 ($3,162 Mil) to Dec. 2013 ($2,559 Mil).

Murphy Oil Corporation's annual accounts payable increased from Dec. 2011 ($2,452 Mil) to Dec. 2012 ($3,359 Mil) but then declined from Dec. 2012 ($3,359 Mil) to Dec. 2013 ($2,559 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.

Murphy Oil Corporation Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 7651,1771,0901,9881,8862,1822,9142,4523,3592,559

Murphy Oil Corporation Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Accts Payable 3,1142,4522,8962,5513,1753,3593,2563,7353,1622,559
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