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Teekay Offshore Partners LP's quarterly accounts payable declined from Jun. 2014 ($214 Mil) to Sep. 2014 ($192 Mil) but then increased from Sep. 2014 ($192 Mil) to Dec. 2014 ($192 Mil).
Teekay Offshore Partners LP's annual accounts payable increased from Dec. 2012 ($125 Mil) to Dec. 2013 ($276 Mil) but then declined from Dec. 2013 ($276 Mil) to Dec. 2014 ($192 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.
Teekay Offshore Partners LP Annual Data
Teekay Offshore Partners LP Quarterly Data