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Novo Nordisk A/S (NYSE:NVO)
Accounts Payable & Accrued Expense
$1,284 Mil (As of Mar. 2016)

Novo Nordisk A/S's quarterly accounts payable & accrued expense increased from Sep. 2015 ($1,077 Mil) to Dec. 2015 ($3,001 Mil) but then declined from Dec. 2015 ($3,001 Mil) to Mar. 2016 ($1,284 Mil).

Novo Nordisk A/S's annual accounts payable & accrued expense increased from Dec. 2013 ($2,810 Mil) to Dec. 2014 ($2,984 Mil) and increased from Dec. 2014 ($2,984 Mil) to Dec. 2015 ($3,001 Mil).


Definition

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.

Novo Nordisk A/S Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accounts Payable & Accrued Expense 3034044285767387897832,8102,9843,001

Novo Nordisk A/S Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Accounts Payable & Accrued Expense 2,8101,1118201,0652,9841,0511,0781,0773,0011,284
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