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Nabors Industries Ltd's quarterly accounts payable declined from Mar. 2014 ($1,233 Mil) to Jun. 2014 ($1,002 Mil) but then increased from Jun. 2014 ($1,002 Mil) to Sep. 2014 ($1,074 Mil).
Nabors Industries Ltd's annual accounts payable declined from Dec. 2011 ($1,527 Mil) to Dec. 2012 ($904 Mil) but then increased from Dec. 2012 ($904 Mil) to Dec. 2013 ($1,031 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.
Nabors Industries Ltd Annual Data
Nabors Industries Ltd Quarterly Data