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Ultra Petroleum Corp (NYSE:UPL)
Accounts Payable
$246 Mil (As of Jun. 2015)

Ultra Petroleum Corp's quarterly accounts payable declined from Dec. 2014 ($315 Mil) to Mar. 2015 ($250 Mil) and declined from Mar. 2015 ($250 Mil) to Jun. 2015 ($246 Mil).

Ultra Petroleum Corp's annual accounts payable declined from Dec. 2012 ($514 Mil) to Dec. 2013 ($380 Mil) and declined from Dec. 2013 ($380 Mil) to Dec. 2014 ($315 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.

Ultra Petroleum Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 96170229346256375598514380315

Ultra Petroleum Corp Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Accts Payable 377381339380370358272315250246
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