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PartnerRe Ltd (NYSE:PRE)
Accounts Payable
$472 Mil (As of Jun. 2014)

PartnerRe Ltd's quarterly accounts payable increased from Dec. 2013 ($494 Mil) to Mar. 2014 ($569 Mil) but then declined from Mar. 2014 ($569 Mil) to Jun. 2014 ($472 Mil).

PartnerRe Ltd's annual accounts payable declined from Dec. 2011 ($653 Mil) to Dec. 2012 ($529 Mil) and declined from Dec. 2012 ($529 Mil) to Dec. 2013 ($494 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.

PartnerRe Ltd Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Accts Payable 129375396167351658736653529494

PartnerRe Ltd Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Accts Payable 758682852529603523598494569472
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