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Tutor Perini Corp (NYSE:TPC)
Accounts Payable
$916 Mil (As of Dec. 2013)

Tutor Perini Corp's quarterly accounts payable increased from Jun. 2013 ($941 Mil) to Sep. 2013 ($959 Mil) but then declined from Sep. 2013 ($959 Mil) to Dec. 2013 ($916 Mil).

Tutor Perini Corp's annual accounts payable declined from Dec. 2011 ($949 Mil) to Dec. 2012 ($865 Mil) but then increased from Dec. 2012 ($865 Mil) to Dec. 2013 ($916 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.

Tutor Perini Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 3725538701,0421,4741,092747949865916

Tutor Perini Corp Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Accts Payable 971949844883912865882941959916
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