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Teekay Offshore Partners LP's quarterly accounts payable & accrued expense increased from Jun. 2015 ($277 Mil) to Sep. 2015 ($434 Mil) but then declined from Sep. 2015 ($434 Mil) to Dec. 2015 ($412 Mil).
Teekay Offshore Partners LP's annual accounts payable & accrued expense declined from Dec. 2013 ($276 Mil) to Dec. 2014 ($192 Mil) but then increased from Dec. 2014 ($192 Mil) to Dec. 2015 ($412 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.
Teekay Offshore Partners LP Annual Data
|Accounts Payable & Accrued Expense||43||72||95||114||169||139||125||276||192||412|
Teekay Offshore Partners LP Quarterly Data
|Accounts Payable & Accrued Expense||294||276||233||214||192||192||243||277||434||412|