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Shire PLC's quarterly accounts payable & accrued expense increased from Jun. 2016 ($3,728 Mil) to Sep. 2016 ($4,022 Mil) and increased from Sep. 2016 ($4,022 Mil) to Dec. 2016 ($4,312 Mil).
Shire PLC's annual accounts payable & accrued expense declined from Dec. 2014 ($2,137 Mil) to Dec. 2015 ($2,051 Mil) but then increased from Dec. 2015 ($2,051 Mil) to Dec. 2016 ($4,312 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 local exchange's currency.
Shire PLC Annual Data
|Accounts Payable & Accrued Expense||610||709||929||1,239||1,229||1,411||1,617||2,137||2,051||4,312|
Shire PLC Quarterly Data
|Accounts Payable & Accrued Expense||1,950||2,137||2,202||2,039||2,211||2,051||2,087||3,728||4,022||4,312|