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Petroleo Brasileiro SA Petrobras's quarterly accounts payable & accrued expense declined from Jun. 2015 ($15,816 Mil) to Sep. 2015 ($12,348 Mil) and declined from Sep. 2015 ($12,348 Mil) to Dec. 2015 ($11,807 Mil).
Petroleo Brasileiro SA Petrobras's annual accounts payable & accrued expense declined from Dec. 2013 ($23,707 Mil) to Dec. 2014 ($16,933 Mil) and declined from Dec. 2014 ($16,933 Mil) to Dec. 2015 ($11,807 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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Petroleo Brasileiro SA Petrobras Annual Data
|Accounts Payable & Accrued Expense||5,665||19,818||18,594||22,154||24,487||22,234||24,214||23,707||16,933||11,807|
Petroleo Brasileiro SA Petrobras Quarterly Data
|Accounts Payable & Accrued Expense||20,239||23,707||24,582||20,988||22,132||16,894||13,876||15,816||12,348||11,807|