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Teekay Offshore Partners LP (NYSE:TOO)
Accounts Payable
$192 Mil (As of Sep. 2014)

Teekay Offshore Partners LP's quarterly accounts payable declined from Mar. 2014 ($233 Mil) to Jun. 2014 ($214 Mil) and declined from Jun. 2014 ($214 Mil) to Sep. 2014 ($192 Mil).

Teekay Offshore Partners LP's annual accounts payable declined from Dec. 2011 ($139 Mil) to Dec. 2012 ($125 Mil) but then increased from Dec. 2012 ($125 Mil) to Dec. 2013 ($276 Mil).


Definition

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.


Historical Data

* 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 0437295114169139125276192

Teekay Offshore Partners LP Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Accts Payable 13912586273294276233214192192
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