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NGL Energy Partners LP's quarterly accounts payable declined from Dec. 2014 ($1,762 Mil) to Mar. 2015 ($1,026 Mil) and declined from Mar. 2015 ($1,026 Mil) to Jun. 2015 ($991 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).
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.
NGL Energy Partners LP Annual Data
NGL Energy Partners LP Quarterly Data