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Telefonica Brasil SA's quarterly accounts payable increased from Mar. 2015 ($4,065 Mil) to Jun. 2015 ($4,270 Mil) but then declined from Jun. 2015 ($4,270 Mil) to Sep. 2015 ($2,234 Mil).
Telefonica Brasil SA's annual accounts payable increased from Dec. 2012 ($4,310 Mil) to Dec. 2013 ($4,362 Mil) but then declined from Dec. 2013 ($4,362 Mil) to Dec. 2014 ($4,315 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.
Telefonica Brasil SA Annual Data
Telefonica Brasil SA Quarterly Data