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ConocoPhillips's quarterly accounts payable declined from Mar. 2015 ($9,370 Mil) to Jun. 2015 ($8,596 Mil) and declined from Jun. 2015 ($8,596 Mil) to Sep. 2015 ($8,112 Mil).
ConocoPhillips's annual accounts payable declined from Dec. 2012 ($16,488 Mil) to Dec. 2013 ($14,540 Mil) and declined from Dec. 2013 ($14,540 Mil) to Dec. 2014 ($11,355 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.
ConocoPhillips Annual Data
ConocoPhillips Quarterly Data