Apache's quarterly accounts payable & accrued expense
declined
from Mar. 2020 ($1,114 Mil) to Jun. 2020 ($978 Mil) and
declined
from Jun. 2020 ($978 Mil) to Sep. 2020 ($782 Mil).
Apache's annual accounts payable & accrued expense
increased
from Dec. 2017 ($1,715 Mil) to Dec. 2018 ($1,717 Mil) but then
declined
from Dec. 2018 ($1,717 Mil) to Dec. 2019 ($1,360 Mil).
Apache Accounts Payable & Accrued Expense Calculation
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.
Apache Accounts Payable & Accrued Expense Headlines
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