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Eastman Chemical Co (NYSE:EMN)
Accounts Payable
$1,340 Mil (As of Sep. 2015)

Eastman Chemical Co's quarterly accounts payable increased from Mar. 2015 ($1,199 Mil) to Jun. 2015 ($1,370 Mil) but then declined from Jun. 2015 ($1,370 Mil) to Sep. 2015 ($1,340 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).


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.

Eastman Chemical Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 7667528198001,0129611,0919671,0180

Eastman Chemical Co Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
Accts Payable 1,0229679691,2741,1231,0181,1991,3701,3400
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