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GuruFocus has detected 3 Warning Signs with WEC Energy Group Inc $WEC.
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WEC Energy Group Inc (NYSE:WEC)
Accounts Payable
{IF BankInsurance_zone 1}
$907 Mil (As of )Sep. 2016)
{IF AP_Q_zone 1}{ELSE} {/IF}

WEC Energy Group Incs quarterly accounts payable declined from Mar. 2016 ($806 Mil) to Jun. 2016 ($806 Mil) but then increased from Jun. 2016 ($755 Mil) to Sep. 2016 ($907 Mil)

WEC Energy Group Incs quarterly accounts payable increased from Dec. 2013 ($440 Mil) to Dec. 2014 ($440 Mil) and increased from Dec. 2014 ($458 Mil) to Dec. 2015 ($985 Mil)


Definition

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

{data_exp}

WEC Energy Group Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Accts Payable 1,2494412914044324694404589851,025
{IF COMPANY->report_frequency 3M}

{COMPANY->company} Quarterly Data

{ELSE}

{COMPANY->company} Semi-Annual Data

{/IF}
Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Accts Payable 3864583519139339858067559071,025
{ELSE}

Accounts Payable does not apply to insurance companies.

{/IF}
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