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Nabors Industries Ltd (NYSE:NBR)
Accounts Payable
$736 Mil (As of Jun. 2015)

Nabors Industries Ltd's quarterly accounts payable declined from Dec. 2014 ($1,240 Mil) to Mar. 2015 ($817 Mil) and declined from Mar. 2015 ($817 Mil) to Jun. 2015 ($736 Mil).

Nabors Industries Ltd's annual accounts payable increased from Dec. 2012 ($904 Mil) to Dec. 2013 ($1,031 Mil) and increased from Dec. 2013 ($1,031 Mil) to Dec. 2014 ($1,240 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.

Nabors Industries Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 5617546979046086861,5279041,0311,240

Nabors Industries Ltd Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Accts Payable 8549129191,0311,2331,0021,0741,240817736
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