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National Oilwell Varco Inc (NYSE:NOV)
Accounts Payable & Accrued Expense
$2,203 Mil (As of Mar. 2016)

National Oilwell Varco Inc's quarterly accounts payable & accrued expense declined from Sep. 2015 ($2,868 Mil) to Dec. 2015 ($2,240 Mil) and declined from Dec. 2015 ($2,240 Mil) to Mar. 2016 ($2,203 Mil).

National Oilwell Varco Inc's annual accounts payable & accrued expense increased from Dec. 2013 ($3,662 Mil) to Dec. 2014 ($3,866 Mil) but then declined from Dec. 2014 ($3,866 Mil) to Dec. 2015 ($2,240 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.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

National Oilwell Varco Inc Annual Data

Accounts Payable & Accrued Expense 2,6603,8745,6194,1672,7923,8713,4093,6623,8662,240

National Oilwell Varco Inc Quarterly Data

Accounts Payable & Accrued Expense 3,6623,8163,1953,9313,8663,4022,7822,8682,2402,203
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