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AbbVie Inc (NYSE:ABBV)
Accounts Payable
{IF BankInsurance_zone 1}
$8,755 Mil (As of )Jun. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

AbbVie Incs quarterly accounts payable declined from Dec. 2015 ($8,463 Mil) to Mar. 2016 ($8,463 Mil) but then increased from Mar. 2016 ($8,239 Mil) to Jun. 2016 ($8,755 Mil)

AbbVie Incs quarterly accounts payable declined from Dec. 2012 ($5,734 Mil) to Dec. 2013 ($5,734 Mil) but then increased from Dec. 2013 ($4,917 Mil) to Dec. 2014 ($6,954 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

{data_exp}

AbbVie Inc Annual Data

Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 00003,7614,7155,7344,9176,9548,463
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Accts Payable 6,1966,0466,3126,9546,4607,2518,0458,4638,2398,755
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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