MPLX LP's quarterly accounts payable & accrued expense
declined
from Sep. 2020 ($926 Mil) to Dec. 2020 ($910 Mil) and
declined
from Dec. 2020 ($910 Mil) to Mar. 2021 ($881 Mil).
MPLX LP's annual accounts payable & accrued expense
increased
from Dec. 2018 ($1,557 Mil) to Dec. 2019 ($1,870 Mil) but then
declined
from Dec. 2019 ($1,870 Mil) to Dec. 2020 ($910 Mil).
MPLX LP 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.
MPLX LP Accounts Payable & Accrued Expense Headlines
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