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Occidental Petroleum Corp's quarterly accounts payable increased from Sep. 2013 ($8,242 Mil) to Dec. 2013 ($8,434 Mil) but then declined from Dec. 2013 ($8,434 Mil) to Mar. 2014 ($8,095 Mil).
Occidental Petroleum Corp's annual accounts payable declined from Dec. 2011 ($7,947 Mil) to Dec. 2012 ($6,690 Mil) but then increased from Dec. 2012 ($6,690 Mil) to Dec. 2013 ($8,434 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.
Occidental Petroleum Corp Annual Data
Occidental Petroleum Corp Quarterly Data