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Petroleo Brasileiro SA Petrobras (NYSE:PBR)
Accounts Payable
$21,638 Mil (As of Sep. 2014)

Petroleo Brasileiro SA Petrobras's quarterly accounts payable declined from Mar. 2014 ($23,959 Mil) to Jun. 2014 ($20,638 Mil) but then increased from Jun. 2014 ($20,638 Mil) to Sep. 2014 ($21,638 Mil).

Petroleo Brasileiro SA Petrobras's annual accounts payable increased from Dec. 2011 ($23,358 Mil) to Dec. 2012 ($23,917 Mil) but then declined from Dec. 2012 ($23,917 Mil) to Dec. 2013 ($23,911 Mil).


Definition

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.

Petroleo Brasileiro SA Petrobras Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 3,4124,1555,62419,76817,97322,22420,87723,35823,91723,911

Petroleo Brasileiro SA Petrobras Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Accts Payable 18,88020,92623,91722,53720,58720,17623,91123,95920,63821,638
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