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Helmerich & Payne Inc (NYSE:HP)
Accounts Payable
$320 Mil (As of Mar. 2014)

Helmerich & Payne Inc's quarterly accounts payable increased from Sep. 2013 ($303 Mil) to Dec. 2013 ($360 Mil) but then declined from Dec. 2013 ($360 Mil) to Mar. 2014 ($320 Mil).

Helmerich & Payne Inc's annual accounts payable increased from Sep. 2011 ($281 Mil) to Sep. 2012 ($306 Mil) but then declined from Sep. 2012 ($306 Mil) to Sep. 2013 ($303 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.

Helmerich & Payne Inc Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
Accts Payable 6089236227282148205281306303

Helmerich & Payne Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Accts Payable 309266293306382261389303360320
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