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Fortress Investment Group LLC (NYSE:FIG)
Accounts Payable
$555 Mil (As of Jun. 2015)

Fortress Investment Group LLC's quarterly accounts payable declined from Dec. 2014 ($748 Mil) to Mar. 2015 ($493 Mil) but then increased from Mar. 2015 ($493 Mil) to Jun. 2015 ($555 Mil).

Fortress Investment Group LLC's annual accounts payable increased from Dec. 2012 ($518 Mil) to Dec. 2013 ($782 Mil) but then declined from Dec. 2013 ($782 Mil) to Dec. 2014 ($748 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.

Fortress Investment Group LLC Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 1023471,281504477616610518782748

Fortress Investment Group LLC Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Accts Payable 454593649782543558702748493555
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