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Petroleo Brasileiro SA Petrobras's quarterly accounts payable increased from Dec. 2013 ($23,707 Mil) to Mar. 2014 ($24,582 Mil) but then declined from Mar. 2014 ($24,582 Mil) to Jun. 2014 ($20,988 Mil).
Petroleo Brasileiro SA Petrobras's annual accounts payable increased from Dec. 2011 ($22,234 Mil) to Dec. 2012 ($24,214 Mil) but then declined from Dec. 2012 ($24,214 Mil) to Dec. 2013 ($23,707 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.
Petroleo Brasileiro SA Petrobras Annual Data
Petroleo Brasileiro SA Petrobras Quarterly Data