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Johnson & Johnson's quarterly accounts payable & accrued expense increased from Jun. 2015 ($19,290 Mil) to Sep. 2015 ($19,583 Mil) and increased from Sep. 2015 ($19,583 Mil) to Dec. 2015 ($20,743 Mil).
Johnson & Johnson's annual accounts payable & accrued expense increased from Dec. 2013 ($20,823 Mil) to Dec. 2014 ($21,393 Mil) but then declined from Dec. 2014 ($21,393 Mil) to Dec. 2015 ($20,743 Mil).
Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.
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.
Johnson & Johnson Annual Data
|Accounts Payable & Accrued Expense||14,582||17,374||17,120||15,413||15,455||16,153||19,586||20,823||21,393||20,743|
Johnson & Johnson Quarterly Data
|Accounts Payable & Accrued Expense||20,823||19,891||20,540||20,867||21,393||19,791||19,290||19,583||20,743||0|