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Weatherford International PLC (NYSE:WFT)
Accounts Payable
$2,047 Mil (As of Mar. 2015)

Weatherford International PLC's quarterly accounts payable increased from Sep. 2014 ($2,356 Mil) to Dec. 2014 ($2,391 Mil) but then declined from Dec. 2014 ($2,391 Mil) to Mar. 2015 ($2,047 Mil).

Weatherford International PLC's annual accounts payable declined from Dec. 2012 ($2,765 Mil) to Dec. 2013 ($2,573 Mil) and declined from Dec. 2013 ($2,573 Mil) to Dec. 2014 ($2,391 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

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Weatherford International PLC Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Accts Payable 6607508531,1431,2771,7682,1512,7652,5732,391

Weatherford International PLC Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Accts Payable 2,7652,1912,1442,1172,5732,6172,4232,3562,3912,047
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