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Eastman Chemical Co's quarterly accounts payable declined from Jun. 2014 ($1,274 Mil) to Sep. 2014 ($1,123 Mil) and declined from Sep. 2014 ($1,123 Mil) to Dec. 2014 ($1,018 Mil).
Eastman Chemical Co's annual accounts payable declined from Dec. 2012 ($1,091 Mil) to Dec. 2013 ($967 Mil) but then increased from Dec. 2013 ($967 Mil) to Dec. 2014 ($1,018 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.
Eastman Chemical Co Annual Data
Eastman Chemical Co Quarterly Data