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Plains Exploration & Production Company (NYSE:PXP)
Accounts Payable
$729 Mil (As of Mar. 2013)

Plains Exploration & Production Company's quarterly accounts payable increased from Sep. 2012 ($707 Mil) to Dec. 2012 ($708 Mil) and increased from Dec. 2012 ($708 Mil) to Mar. 2013 ($729 Mil).

Plains Exploration & Production Company's annual accounts payable increased from Dec. 2010 ($405 Mil) to Dec. 2011 ($522 Mil) and increased from Dec. 2011 ($522 Mil) to Dec. 2012 ($708 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.

Plains Exploration & Production Company Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
Accts Payable 4290123132398575373405522708

Plains Exploration & Production Company Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13
Accts Payable 405443457535522616623707708729
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