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WGL Holdings Inc (NYSE:WGL)
Accounts Payable
$373 Mil (As of Sep. 2014)

WGL Holdings Inc's quarterly accounts payable declined from Mar. 2014 ($440 Mil) to Jun. 2014 ($370 Mil) but then increased from Jun. 2014 ($370 Mil) to Sep. 2014 ($373 Mil).

WGL Holdings Inc's annual accounts payable declined from Sep. 2012 ($335 Mil) to Sep. 2013 ($331 Mil) but then increased from Sep. 2013 ($331 Mil) to Sep. 2014 ($373 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.

WGL Holdings Inc Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
Accts Payable 321322352402283290345335331373

WGL Holdings Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Accts Payable 346335377409393331393440370373
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