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GuruFocus has detected 7 Warning Signs with Targa Resources Corp $TRGP.
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Targa Resources Corp (NYSE:TRGP)
Accounts Payable
{IF BankInsurance_zone 1}
$711 Mil (As of )Sep. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

Targa Resources Corps quarterly accounts payable increased from Mar. 2016 ($541 Mil) to Jun. 2016 ($541 Mil) and increased from Jun. 2016 ($698 Mil) to Sep. 2016 ($711 Mil)

Targa Resources Corps quarterly accounts payable declined from Dec. 2013 ($762 Mil) to Dec. 2014 ($762 Mil) but then increased from Dec. 2014 ($639 Mil) to Dec. 2015 ($657 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.

Historical Data


Targa Resources Corp Annual Data

Accts Payable 00406511590700679762639657
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data


{COMPANY->company} Semi-Annual Data

Accts Payable 806793639737689660657541698711

Accounts Payable does not apply to insurance companies.

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