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Statoil ASA (FRA:DNQA)
Accounts Payable & Accrued Expense
€10,914 Mil (As of Mar. 2016)

Statoil ASA's quarterly accounts payable & accrued expense declined from Sep. 2015 (€12,806 Mil) to Dec. 2015 (€11,726 Mil) and declined from Dec. 2015 (€11,726 Mil) to Mar. 2016 (€10,914 Mil).

Statoil ASA's annual accounts payable & accrued expense increased from Dec. 2013 (€15,823 Mil) to Dec. 2014 (€15,926 Mil) but then declined from Dec. 2014 (€15,926 Mil) to Dec. 2015 (€11,749 Mil).


Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

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.

Statoil ASA Annual Data

Accounts Payable & Accrued Expense 5,0052,75412,55111,96215,48418,88318,34415,82315,92611,749

Statoil ASA Quarterly Data

Accounts Payable & Accrued Expense 15,82317,68516,84018,41915,92616,10313,96612,80611,72610,914
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