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Time Warner Inc's quarterly accounts payable & accrued expense declined from Sep. 2015 ($7,597 Mil) to Dec. 2015 ($7,188 Mil) and declined from Dec. 2015 ($7,188 Mil) to Mar. 2016 ($6,589 Mil).
Time Warner Inc's annual accounts payable & accrued expense declined from Dec. 2012 ($8,039 Mil) to Dec. 2013 ($6,754 Mil) but then increased from Dec. 2013 ($6,754 Mil) to Dec. 2014 ($7,507 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.
Time Warner Inc Annual Data
|Accounts Payable & Accrued Expense||7,865||5,270||7,779||7,807||7,733||7,815||8,039||6,754||7,507||7,188|
Time Warner Inc Quarterly Data
|Accounts Payable & Accrued Expense||6,754||7,262||6,564||7,052||7,507||7,062||7,059||7,597||7,188||6,589|