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AbbVie Inc (NYSE:ABBV)
Accounts Payable & Accrued Expense
$8,239 Mil (As of Mar. 2016)

AbbVie Inc's quarterly accounts payable & accrued expense increased from Sep. 2015 ($8,045 Mil) to Dec. 2015 ($8,463 Mil) but then declined from Dec. 2015 ($8,463 Mil) to Mar. 2016 ($8,239 Mil).

AbbVie Inc's annual accounts payable & accrued expense increased from Dec. 2013 ($6,448 Mil) to Dec. 2014 ($6,954 Mil) and increased from Dec. 2014 ($6,954 Mil) to Dec. 2015 ($8,463 Mil).


Definition

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

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.

AbbVie Inc Annual Data

Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accounts Payable & Accrued Expense 00003,7614,7154,0166,4486,9548,463

AbbVie Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Accounts Payable & Accrued Expense 6,4486,1966,0466,3126,9546,4607,2518,0458,4638,239
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