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NGL Energy Partners LP (NYSE:NGL)
Accounts Payable
$957 Mil (As of Jun. 2014)

NGL Energy Partners LP's quarterly accounts payable declined from Dec. 2013 ($1,313 Mil) to Mar. 2014 ($917 Mil) but then increased from Mar. 2014 ($917 Mil) to Jun. 2014 ($957 Mil).

NGL Energy Partners LP's annual accounts payable increased from Mar. 2012 ($100 Mil) to Mar. 2013 ($628 Mil) and increased from Mar. 2013 ($628 Mil) to Mar. 2014 ($917 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.

NGL Energy Partners LP Annual Data

Mar09Mar10Mar12Mar13Mar14
Accts Payable 000003540100628917

NGL Energy Partners LP Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 1004275006606286787241,313917957
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