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ConocoPhillips (NYSE:COP)
Accounts Payable
$14,540 Mil (As of Dec. 2013)

ConocoPhillips's quarterly accounts payable declined from Jun. 2013 ($16,161 Mil) to Sep. 2013 ($15,763 Mil) and declined from Sep. 2013 ($15,763 Mil) to Dec. 2013 ($14,540 Mil).

ConocoPhillips's annual accounts payable declined from Dec. 2011 ($24,984 Mil) to Dec. 2012 ($16,488 Mil) and declined from Dec. 2012 ($16,488 Mil) to Dec. 2013 ($14,540 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.

ConocoPhillips Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 13,63618,38921,49324,56420,47121,96726,48324,98416,48814,540

ConocoPhillips Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Accts Payable 28,32024,98429,42814,18115,04816,48816,96416,16115,76314,540
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