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Rose Rock Midstream LP's quarterly accounts payable increased from Jun. 2014 ($243 Mil) to Sep. 2014 ($336 Mil) but then declined from Sep. 2014 ($336 Mil) to Dec. 2014 ($260 Mil).
Rose Rock Midstream LP's annual accounts payable increased from Dec. 2012 ($228 Mil) to Dec. 2013 ($289 Mil) but then declined from Dec. 2013 ($289 Mil) to Dec. 2014 ($260 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.
Rose Rock Midstream LP Annual Data
Rose Rock Midstream LP Quarterly Data