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National Grid PLC's quarterly accounts payable & accrued expense declined from Mar. 2015 ($4,843 Mil) to Sep. 2015 ($4,388 Mil) but then increased from Sep. 2015 ($4,388 Mil) to Mar. 2016 ($4,647 Mil).
National Grid PLC's annual accounts payable & accrued expense increased from Mar. 2014 ($4,814 Mil) to Mar. 2015 ($4,843 Mil) but then declined from Mar. 2015 ($4,843 Mil) to Mar. 2016 ($4,647 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.
National Grid PLC Annual Data
|Accounts Payable & Accrued Expense||3,603||4,960||3,419||4,509||4,769||4,854||4,264||4,814||4,843||4,647|
National Grid PLC Semi-Annual Data
|Accounts Payable & Accrued Expense||4,052||4,854||3,579||4,264||3,908||4,814||4,331||4,843||4,388||4,647|