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ArcelorMittal SA's quarterly accounts payable & accrued expense declined from Jun. 2015 ($15,602 Mil) to Sep. 2015 ($15,209 Mil) and declined from Sep. 2015 ($15,209 Mil) to Dec. 2015 ($14,554 Mil).
ArcelorMittal SA's annual accounts payable & accrued expense declined from Dec. 2013 ($19,595 Mil) to Dec. 2014 ($17,227 Mil) and declined from Dec. 2014 ($17,227 Mil) to Dec. 2015 ($14,554 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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
ArcelorMittal SA Annual Data
|Accounts Payable & Accrued Expense||13,580||15,999||18,512||17,912||20,627||19,851||17,979||19,595||17,227||14,554|
ArcelorMittal SA Quarterly Data
|Accounts Payable & Accrued Expense||19,239||19,595||19,860||19,845||18,223||18,444||16,487||15,602||15,209||14,554|