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FMC Technologies Inc (NYSE:FTI)
Accounts Payable
$1,075 Mil (As of Jun. 2014)

FMC Technologies Inc's quarterly accounts payable declined from Dec. 2013 ($1,122 Mil) to Mar. 2014 ($1,056 Mil) but then increased from Mar. 2014 ($1,056 Mil) to Jun. 2014 ($1,075 Mil).

FMC Technologies Inc's annual accounts payable increased from Dec. 2011 ($547 Mil) to Dec. 2012 ($927 Mil) and increased from Dec. 2012 ($927 Mil) to Dec. 2013 ($1,122 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.

FMC Technologies Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 3983814264215633445335479271,122

FMC Technologies Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 8128428429278748688991,1221,0561,075
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