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WGL Holdings, Inc. (NYSE:WGL)
Accounts Payable
$393 Mil (As of Dec. 2013)

WGL Holdings, Inc.'s quarterly accounts payable declined from Jun. 2013 ($393 Mil) to Sep. 2013 ($331 Mil) but then increased from Sep. 2013 ($331 Mil) to Dec. 2013 ($393 Mil).

WGL Holdings, Inc.'s annual accounts payable declined from Sep. 2011 ($345 Mil) to Sep. 2012 ($335 Mil) and declined from Sep. 2012 ($335 Mil) to Sep. 2013 ($331 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

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
Accts Payable 257321322352402283290345335331

WGL Holdings, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Accts Payable 345402370346335377409393331393
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