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Cenovus Energy Inc (NYSE:CVE)
Accounts Payable
$2,861 Mil (As of Sep. 2014)

Cenovus Energy Inc's quarterly accounts payable increased from Mar. 2014 ($3,118 Mil) to Jun. 2014 ($3,179 Mil) but then declined from Jun. 2014 ($3,179 Mil) to Sep. 2014 ($2,861 Mil).

Cenovus Energy Inc's annual accounts payable declined from Dec. 2011 ($3,203 Mil) to Dec. 2012 ($2,708 Mil) but then increased from Dec. 2012 ($2,708 Mil) to Dec. 2013 ($3,205 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.

Cenovus Energy Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 00001,6511,7572,3043,2032,7083,205

Cenovus Energy Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Accts Payable 2,7733,4462,7083,4343,3193,5213,2053,1183,1792,861
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