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Weatherford International PLC (NYSE:WFT)
Accounts Payable
$2,423 Mil (As of Jun. 2014)

Weatherford International PLC's quarterly accounts payable declined from Dec. 2013 ($2,746 Mil) to Mar. 2014 ($2,617 Mil) and declined from Mar. 2014 ($2,617 Mil) to Jun. 2014 ($2,423 Mil).

Weatherford International PLC's annual accounts payable increased from Dec. 2011 ($2,106 Mil) to Dec. 2012 ($2,765 Mil) but then declined from Dec. 2012 ($2,765 Mil) to Dec. 2013 ($2,746 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.

Weatherford International PLC Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 4176607538531,2261,2771,7072,1062,7652,746

Weatherford International PLC Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 1,6791,6352,0232,7652,1912,1442,1172,7462,6172,423
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