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Cenovus Energy Inc's quarterly accounts payable & accrued expense declined from Sep. 2015 ($1,457 Mil) to Dec. 2015 ($1,338 Mil) but then increased from Dec. 2015 ($1,338 Mil) to Mar. 2016 ($1,381 Mil).
Cenovus Energy Inc's annual accounts payable & accrued expense increased from Dec. 2012 ($2,708 Mil) to Dec. 2013 ($3,205 Mil) but then declined from Dec. 2013 ($3,205 Mil) to Dec. 2014 ($2,554 Mil).
Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.
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.
Cenovus Energy Inc Annual Data
|Accounts Payable & Accrued Expense||0||0||1,651||1,757||2,304||3,203||2,708||3,205||2,554||1,338|
Cenovus Energy Inc Quarterly Data
|Accounts Payable & Accrued Expense||3,205||3,118||3,179||2,861||2,554||1,910||1,876||1,457||1,338||1,381|