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NGL Energy Partners LP (NYSE:NGL)
Accounts Payable
$1,026 Mil (As of Mar. 2015)

NGL Energy Partners LP's quarterly accounts payable increased from Sep. 2014 ($1,610 Mil) to Dec. 2014 ($1,762 Mil) but then declined from Dec. 2014 ($1,762 Mil) to Mar. 2015 ($1,026 Mil).

NGL Energy Partners LP's annual accounts payable increased from Mar. 2013 ($616 Mil) to Mar. 2014 ($896 Mil) and increased from Mar. 2014 ($896 Mil) to Mar. 2015 ($1,026 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

Mar09Mar10Mar11Mar12Mar13Mar14Mar15
Accts Payable 0003540411056168961,026

NGL Energy Partners LP Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Accts Payable 6606166787241,3138969571,6101,7621,026
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