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Rio Tinto PLC (NYSE:RIO)
Accounts Payable
$7,558 Mil (As of Jun. 2015)

Rio Tinto PLC's quarterly accounts payable increased from Jun. 2014 ($7,795 Mil) to Dec. 2014 ($8,237 Mil) but then declined from Dec. 2014 ($8,237 Mil) to Jun. 2015 ($7,558 Mil).

Rio Tinto PLC's annual accounts payable declined from Dec. 2012 ($10,243 Mil) to Dec. 2013 ($9,526 Mil) and declined from Dec. 2013 ($9,526 Mil) to Dec. 2014 ($8,237 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.

Rio Tinto PLC Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 2,1902,0984,4918,6397,0889,34912,24410,2439,5268,237

Rio Tinto PLC Semi-Annual Data

Dec10Jun11Dec11Jun12Dec12Jun13Dec13Jun14Dec14Jun15
Accts Payable 9,3492,04712,2448,43110,24311,2459,5267,7958,2377,558
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