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Rio Tinto PLC's quarterly accounts payable declined from Jun. 2013 ($11,245 Mil) to Dec. 2013 ($9,526 Mil) and declined from Dec. 2013 ($9,526 Mil) to Jun. 2014 ($7,795 Mil).
Rio Tinto PLC's annual accounts payable declined from Dec. 2011 ($12,032 Mil) to Dec. 2012 ($10,071 Mil) and declined from Dec. 2012 ($10,071 Mil) to Dec. 2013 ($9,526 Mil).
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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Rio Tinto PLC Annual Data
Rio Tinto PLC Semi-Annual Data