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PNC Financial Services Group Inc (NYSE:PNC)
Accounts Payable
{IF BankInsurance_zone 1}
$5,080 Mil (As of )Jun. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

PNC Financial Services Group Incs quarterly accounts payable declined from Dec. 2015 ($4,975 Mil) to Mar. 2016 ($4,975 Mil) but then increased from Mar. 2016 ($4,850 Mil) to Jun. 2016 ($5,080 Mil)

PNC Financial Services Group Incs quarterly accounts payable increased from Dec. 2013 ($4,690 Mil) to Dec. 2014 ($4,690 Mil) but then declined from Dec. 2014 ($5,187 Mil) to Dec. 2015 ($4,975 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

{data_exp}

PNC Financial Services Group Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 0003,5903,188004,6905,1874,975
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Accts Payable 04,7535,0905,1875,0395,0315,1854,9754,8505,080
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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