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Rio Tinto PLC's quarterly accounts payable & accrued expense declined from Dec. 2014 ($8,237 Mil) to Jun. 2015 ($7,558 Mil) and declined from Jun. 2015 ($7,558 Mil) to Dec. 2015 ($6,372 Mil).
Rio Tinto PLC's annual accounts payable & accrued expense declined from Dec. 2013 ($9,526 Mil) to Dec. 2014 ($8,237 Mil) and declined from Dec. 2014 ($8,237 Mil) to Dec. 2015 ($6,372 Mil).
Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.
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
|Accounts Payable & Accrued Expense||2,098||4,491||8,639||7,088||9,349||12,244||10,243||9,526||8,237||6,372|
Rio Tinto PLC Semi-Annual Data
|Accounts Payable & Accrued Expense||2,047||12,244||8,431||10,243||11,245||9,526||7,795||8,237||7,558||6,372|