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National Grid PLC (NYSE:NGG)
Accounts Payable
$4,573 Mil (As of Mar. 2014)

National Grid PLC's quarterly accounts payable declined from Mar. 2013 ($5,026 Mil) to Sep. 2013 ($3,958 Mil) but then increased from Sep. 2013 ($3,958 Mil) to Mar. 2014 ($4,573 Mil).

National Grid PLC's annual accounts payable increased from Mar. 2012 ($4,909 Mil) to Mar. 2013 ($5,026 Mil) but then declined from Mar. 2013 ($5,026 Mil) to Mar. 2014 ($4,573 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.

National Grid PLC Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
Accts Payable 04,4423,8314,8304,1693,7104,6284,9095,0264,573

National Grid PLC Semi-Annual Data

Sep09Mar10Sep10Mar11Sep11Mar12Sep12Mar13Sep13Mar14
Accts Payable 3,7313,7103,8484,6284,0524,9093,5685,0263,9584,573
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