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PNC Financial Services Group Inc (NYSE:PNC)
Accounts Payable & Accrued Expense
$4,850 Mil (As of Mar. 2016)

PNC Financial Services Group Inc's quarterly accounts payable & accrued expense declined from Sep. 2015 ($5,185 Mil) to Dec. 2015 ($4,975 Mil) and declined from Dec. 2015 ($4,975 Mil) to Mar. 2016 ($4,850 Mil).

PNC Financial Services Group Inc's annual accounts payable & accrued expense increased from Dec. 2013 ($4,690 Mil) to Dec. 2014 ($5,187 Mil) but then declined from Dec. 2014 ($5,187 Mil) to Dec. 2015 ($4,975 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

PNC Financial Services Group Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accounts Payable & Accrued Expense 0003,5903,188004,6905,1874,975

PNC Financial Services Group Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Accounts Payable & Accrued Expense 4,69004,7535,0905,1875,0395,0315,1854,9754,850
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