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Transocean Ltd (NYSE:RIG)
Accounts Payable
{IF BankInsurance_zone 1}
$336 Mil (As of )Jun. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Transocean Ltds quarterly accounts payable declined from Dec. 2015 ($530 Mil) to Mar. 2016 ($530 Mil) and declined from Mar. 2016 ($459 Mil) to Jun. 2016 ($336 Mil)

Transocean Ltds quarterly accounts payable increased from Dec. 2013 ($1,159 Mil) to Dec. 2014 ($1,159 Mil) but then declined from Dec. 2014 ($1,747 Mil) to Dec. 2015 ($530 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}

Transocean Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accts Payable 7791,5131,2311,0209411,8461,8561,1591,747530
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Accts Payable 1,0058471,0221,747836661514530459336
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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