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Statoil ASA (FRA:DNQA)
Accounts Payable
{IF BankInsurance_zone 1}
€10,514 Mil (As of )Jun. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Statoil ASAs quarterly accounts payable declined from Dec. 2015 (€11,726 Mil) to Mar. 2016 (€11,726 Mil) and declined from Mar. 2016 (€10,914 Mil) to Jun. 2016 (€10,514 Mil)

Statoil ASAs quarterly accounts payable increased from Dec. 2013 (€15,823 Mil) to Dec. 2014 (€15,823 Mil) but then declined from Dec. 2014 (€15,926 Mil) to Dec. 2015 (€11,749 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

{data_exp}

Statoil ASA Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 5,0052,75412,55111,96215,48418,88318,34415,82315,92611,749
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Accts Payable 17,68516,84018,41915,92616,103109,86412,80611,72610,91410,514
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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