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Targa Resources Corp's quarterly accounts payable declined from Jun. 2014 ($806 Mil) to Sep. 2014 ($799 Mil) and declined from Sep. 2014 ($799 Mil) to Dec. 2014 ($639 Mil).
Targa Resources Corp's annual accounts payable increased from Dec. 2012 ($679 Mil) to Dec. 2013 ($762 Mil) but then declined from Dec. 2013 ($762 Mil) to Dec. 2014 ($639 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.
Targa Resources Corp Annual Data
Targa Resources Corp Quarterly Data