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Statoil ASA (FRA:DNQA)
Accounts Payable
€16,726 Mil (As of Jun. 2014)

Statoil ASA's quarterly accounts payable increased from Dec. 2013 (€15,723 Mil) to Mar. 2014 (€17,788 Mil) but then declined from Mar. 2014 (€17,788 Mil) to Jun. 2014 (€16,726 Mil).

Statoil ASA's annual accounts payable declined from Dec. 2011 (€19,342 Mil) to Dec. 2012 (€18,211 Mil) and declined from Dec. 2012 (€18,211 Mil) to Dec. 2013 (€15,723 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.

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

Accts Payable 4,5685,7494,9782,74412,83612,34015,38119,34218,21115,723

Statoil ASA Quarterly Data

Accts Payable 22,00420,34720,81518,21120,30719,00818,43315,72317,78816,726
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