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Cliffs Natural Resources Inc's quarterly accounts payable declined from Dec. 2013 ($862 Mil) to Mar. 2014 ($693 Mil) and declined from Mar. 2014 ($693 Mil) to Jun. 2014 ($604 Mil).
Cliffs Natural Resources Inc's annual accounts payable increased from Dec. 2011 ($1,015 Mil) to Dec. 2012 ($1,026 Mil) but then declined from Dec. 2012 ($1,026 Mil) to Dec. 2013 ($862 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.
Cliffs Natural Resources Inc Annual Data
Cliffs Natural Resources Inc Quarterly Data