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GuruFocus has detected 7 Warning Signs with WGL Holdings Inc $WGL.
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WGL Holdings Inc (NYSE:WGL)
Accounts Payable
{IF BankInsurance_zone 1}
$541 Mil (As of )Dec. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

WGL Holdings Incs quarterly accounts payable increased from Jun. 2016 ($426 Mil) to Sep. 2016 ($426 Mil) and increased from Sep. 2016 ($472 Mil) to Dec. 2016 ($541 Mil)

WGL Holdings Incs quarterly accounts payable increased from Sep. 2014 ($373 Mil) to Sep. 2015 ($373 Mil) and increased from Sep. 2015 ($391 Mil) to Sep. 2016 ($472 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

{data_exp}

WGL Holdings Inc Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
Accts Payable 352402283290345335331373391472
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Accts Payable 373418421367391386438426472541
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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