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ABB Ltd (NYSE:ABB)
Accounts Payable
$4,950 Mil (As of Jun. 2014)

ABB Ltd's quarterly accounts payable declined from Dec. 2013 ($8,937 Mil) to Mar. 2014 ($4,872 Mil) but then increased from Mar. 2014 ($4,872 Mil) to Jun. 2014 ($4,950 Mil).

ABB Ltd's annual accounts payable increased from Dec. 2011 ($8,578 Mil) to Dec. 2012 ($9,111 Mil) but then declined from Dec. 2012 ($9,111 Mil) to Dec. 2013 ($8,937 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.

ABB Ltd Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 12,1456,4027,0618,0228,53610,2086,1998,5789,1118,937

ABB Ltd Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 7,8907,9178,1868,5377,9554,8295,1038,9374,8724,950
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