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Owens-Illinois Inc's quarterly accounts payable & accrued expense increased from Sep. 2015 ($1,004 Mil) to Dec. 2015 ($1,764 Mil) but then declined from Dec. 2015 ($1,764 Mil) to Mar. 2016 ($1,050 Mil).
Owens-Illinois Inc's annual accounts payable & accrued expense declined from Dec. 2013 ($1,782 Mil) to Dec. 2014 ($1,697 Mil) but then increased from Dec. 2014 ($1,697 Mil) to Dec. 2015 ($1,764 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.
Owens-Illinois Inc Annual Data
|Accounts Payable & Accrued Expense||890||958||1,435||1,497||1,555||1,674||1,688||1,782||1,697||1,764|
Owens-Illinois Inc Quarterly Data
|Accounts Payable & Accrued Expense||1,782||1,074||1,123||1,027||1,697||919||983||1,004||1,764||1,050|