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Unit Corp's quarterly accounts payable declined from Mar. 2015 ($191 Mil) to Jun. 2015 ($161 Mil) but then increased from Jun. 2015 ($161 Mil) to Sep. 2015 ($166 Mil).
Unit Corp's annual accounts payable increased from Dec. 2012 ($193 Mil) to Dec. 2013 ($225 Mil) and increased from Dec. 2013 ($225 Mil) to Dec. 2014 ($289 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.
Unit Corp Annual Data
Unit Corp Quarterly Data