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Diageo PLC's quarterly accounts payable increased from Jun. 2013 ($5,289 Mil) to Dec. 2013 ($5,427 Mil) but then declined from Dec. 2013 ($5,427 Mil) to Jun. 2014 ($5,032 Mil).
Diageo PLC's annual accounts payable increased from Jun. 2012 ($5,128 Mil) to Jun. 2013 ($5,289 Mil) but then declined from Jun. 2013 ($5,289 Mil) to Jun. 2014 ($5,032 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.
Diageo PLC Annual Data
Diageo PLC Semi-Annual Data