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Goodyear Tire & Rubber Co (NAS:GT)
Accounts Payable
$3,839 Mil (As of Mar. 2014)

Goodyear Tire & Rubber Co's quarterly accounts payable declined from Sep. 2013 ($3,878 Mil) to Dec. 2013 ($3,855 Mil) and declined from Dec. 2013 ($3,855 Mil) to Mar. 2014 ($3,839 Mil).

Goodyear Tire & Rubber Co's annual accounts payable declined from Dec. 2011 ($4,467 Mil) to Dec. 2012 ($3,942 Mil) and declined from Dec. 2012 ($3,942 Mil) to Dec. 2013 ($3,855 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.

Goodyear Tire & Rubber Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 1,9701,9391,9453,5153,1542,9133,8634,4673,9423,855

Goodyear Tire & Rubber Co Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Accts Payable 4,4674,3374,0433,9223,9423,9053,9043,8783,8553,839
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