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Weatherford International PLC's quarterly accounts payable & accrued expense declined from Jun. 2016 ($1,239 Mil) to Sep. 2016 ($1,130 Mil) but then increased from Sep. 2016 ($1,130 Mil) to Dec. 2016 ($1,391 Mil).
Weatherford International PLC's annual accounts payable & accrued expense declined from Dec. 2014 ($2,391 Mil) to Dec. 2015 ($1,684 Mil) and declined from Dec. 2015 ($1,684 Mil) to Dec. 2016 ($1,391 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 local exchange's currency.
Weatherford International PLC Annual Data
|Accounts Payable & Accrued Expense||853||1,143||1,277||1,768||2,151||2,765||2,573||2,391||1,684||1,391|
Weatherford International PLC Quarterly Data
|Accounts Payable & Accrued Expense||2,356||2,391||2,047||1,619||1,556||1,684||1,430||1,239||1,130||1,391|