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Telefonica SA's quarterly accounts payable increased from Sep. 2014 ($22,653 Mil) to Dec. 2014 ($23,390 Mil) but then declined from Dec. 2014 ($23,390 Mil) to Mar. 2015 ($16,301 Mil).
Telefonica SA's annual accounts payable declined from Dec. 2012 ($25,736 Mil) to Dec. 2013 ($23,901 Mil) and declined from Dec. 2013 ($23,901 Mil) to Dec. 2014 ($23,390 Mil).
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.
Telefonica SA Annual Data
Telefonica SA Quarterly Data