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AbbVie Inc (NYSE:ABBV)
Accounts Payable
$6,196 Mil (As of Mar. 2014)

AbbVie Inc's quarterly accounts payable declined from Sep. 2013 ($6,441 Mil) to Dec. 2013 ($4,917 Mil) but then increased from Dec. 2013 ($4,917 Mil) to Mar. 2014 ($6,196 Mil).

AbbVie Inc's annual accounts payable declined from Dec. 2011 ($4,715 Mil) to Dec. 2012 ($4,016 Mil) but then increased from Dec. 2012 ($4,016 Mil) to Dec. 2013 ($4,917 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.

AbbVie Inc Annual Data

Dec09Dec10Dec11Dec12Dec13
Accts Payable 00000004,7154,0164,917

AbbVie Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Accts Payable 4,7155,5154,8405,3684,0166,3306,3736,4414,9176,196
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