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Baker Hughes Inc.'s quarterly accounts payable increased from Jun. 2013 ($3,440 Mil) to Sep. 2013 ($3,962 Mil) but then declined from Sep. 2013 ($3,962 Mil) to Dec. 2013 ($0 Mil).
Baker Hughes Inc.'s annual accounts payable declined from Dec. 2011 ($3,278 Mil) to Dec. 2012 ($3,045 Mil) but then increased from Dec. 2012 ($3,045 Mil) to Dec. 2013 ($4,079 Mil).
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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Baker Hughes Inc. Annual Data
Baker Hughes Inc. Quarterly Data