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GuruFocus has detected 4 Warning Signs with PPG Industries Inc $PPG.
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PPG Industries Inc (NYSE:PPG)
Accounts Payable
{IF BankInsurance_zone 1}
$3,275 Mil (As of )Dec. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

PPG Industries Incs quarterly accounts payable declined from Jun. 2016 ($3,577 Mil) to Sep. 2016 ($3,577 Mil) and declined from Sep. 2016 ($3,567 Mil) to Dec. 2016 ($3,275 Mil)

PPG Industries Incs quarterly accounts payable declined from Dec. 2014 ($3,283 Mil) to Dec. 2015 ($3,283 Mil) but then increased from Dec. 2015 ($3,187 Mil) to Dec. 2016 ($3,275 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

{data_exp}

PPG Industries Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Accts Payable 2,2202,7242,6483,0022,7952,2533,0403,2833,1873,275
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Accts Payable 3,6873,2833,3293,5903,6113,1873,6163,5773,5673,275
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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