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CBRE Group Inc (NYSE:CBG)
Accounts Payable
$1,764 Mil (As of Jun. 2015)

CBRE Group Inc's quarterly accounts payable declined from Dec. 2014 ($2,240 Mil) to Mar. 2015 ($1,695 Mil) but then increased from Mar. 2015 ($1,695 Mil) to Jun. 2015 ($1,764 Mil).

CBRE Group Inc's annual accounts payable increased from Dec. 2012 ($1,563 Mil) to Dec. 2013 ($1,928 Mil) and increased from Dec. 2013 ($1,928 Mil) to Dec. 2014 ($2,240 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.

CBRE Group Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 5791,0021,2206919771,2661,5461,5631,9282,240

CBRE Group Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Accts Payable 1,2981,3061,3561,9281,5541,6651,7372,2401,6951,764
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