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Hess Corp (NYSE:HES)
Accounts Payable
$4,870 Mil (As of Jun. 2014)

Hess Corp's quarterly accounts payable declined from Dec. 2013 ($5,894 Mil) to Mar. 2014 ($5,646 Mil) and declined from Mar. 2014 ($5,646 Mil) to Jun. 2014 ($4,870 Mil).

Hess Corp's annual accounts payable declined from Dec. 2011 ($8,048 Mil) to Dec. 2012 ($7,595 Mil) and declined from Dec. 2012 ($7,595 Mil) to Dec. 2013 ($5,894 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.

Hess Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 4,2006,0246,2807,3796,9506,7027,5678,0487,5955,894

Hess Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 8,1536,7857,2277,5953,9383,7153,6215,8945,6464,870
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