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Penn West Petroleum Ltd (NYSE:PWE)
Accounts Payable
$519 Mil (As of Dec. 2014)

Penn West Petroleum Ltd's quarterly accounts payable increased from Jun. 2014 ($447 Mil) to Sep. 2014 ($570 Mil) but then declined from Sep. 2014 ($570 Mil) to Dec. 2014 ($519 Mil).

Penn West Petroleum Ltd's annual accounts payable declined from Dec. 2012 ($902 Mil) to Dec. 2013 ($679 Mil) and declined from Dec. 2013 ($679 Mil) to Dec. 2014 ($519 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.

Penn West Petroleum Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 2623333595115487781,138902679519

Penn West Petroleum Ltd Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Accts Payable 903902975723621679632447570519
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