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Murphy Oil Corp's quarterly accounts payable increased from Sep. 2014 ($2,395 Mil) to Dec. 2014 ($2,531 Mil) but then declined from Dec. 2014 ($2,531 Mil) to Mar. 2015 ($2,006 Mil).
Murphy Oil Corp's annual accounts payable declined from Dec. 2012 ($3,359 Mil) to Dec. 2013 ($2,559 Mil) and declined from Dec. 2013 ($2,559 Mil) to Dec. 2014 ($2,531 Mil).
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.
Murphy Oil Corp Annual Data
Murphy Oil Corp Quarterly Data