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Devon Energy Corp (NYSE:DVN)
Accounts Payable
$2,593 Mil (As of Dec. 2014)

Devon Energy Corp's quarterly accounts payable increased from Jun. 2014 ($3,110 Mil) to Sep. 2014 ($3,450 Mil) but then declined from Sep. 2014 ($3,450 Mil) to Dec. 2014 ($2,593 Mil).

Devon Energy Corp's annual accounts payable declined from Dec. 2012 ($2,201 Mil) to Dec. 2013 ($2,015 Mil) but then increased from Dec. 2013 ($2,015 Mil) to Dec. 2014 ($2,593 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.

Devon Energy Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 1,8921,6101,7512,1021,6231,9492,1492,2012,0152,593

Devon Energy Corp Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Accts Payable 2,1812,2012,1622,0272,0762,0153,1103,1103,4502,593
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