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Targa Resources Corp (NYSE:TRGP)
Accounts Payable & Accrued Expense
$541 Mil (As of Mar. 2016)

Targa Resources Corp's quarterly accounts payable & accrued expense declined from Sep. 2015 ($689 Mil) to Dec. 2015 ($657 Mil) and declined from Dec. 2015 ($657 Mil) to Mar. 2016 ($541 Mil).

Targa Resources Corp's annual accounts payable & accrued expense declined from Dec. 2013 ($762 Mil) to Dec. 2014 ($639 Mil) but then increased from Dec. 2014 ($639 Mil) to Dec. 2015 ($657 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Targa Resources Corp Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Accounts Payable & Accrued Expense 00406511590700679762639657

Targa Resources Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Accounts Payable & Accrued Expense 762746806799639737689689657541
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