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MasTec Inc (NYSE:MTZ)
Accounts Payable
$597 Mil (As of Jun. 2015)

MasTec Inc's quarterly accounts payable declined from Dec. 2014 ($635 Mil) to Mar. 2015 ($566 Mil) but then increased from Mar. 2015 ($566 Mil) to Jun. 2015 ($597 Mil).

MasTec Inc's annual accounts payable increased from Dec. 2012 ($479 Mil) to Dec. 2013 ($563 Mil) and increased from Dec. 2013 ($563 Mil) to Dec. 2014 ($635 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.

MasTec Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 132143193223201275377479563635

MasTec Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Accts Payable 459519622563569627646635566597
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