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GuruFocus has detected 4 Warning Signs with PPG Industries Inc $PPG.
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PPG Industries Inc (NYSE:PPG)
Accounts Payable & Accrued Expense
$3,573 Mil (As of Mar. 2017)

PPG Industries Inc's quarterly accounts payable & accrued expense declined from Sep. 2016 ($3,567 Mil) to Dec. 2016 ($3,275 Mil) but then increased from Dec. 2016 ($3,275 Mil) to Mar. 2017 ($3,573 Mil).

PPG Industries Inc's annual accounts payable & accrued expense declined from Dec. 2014 ($3,283 Mil) to Dec. 2015 ($3,187 Mil) but then increased from Dec. 2015 ($3,187 Mil) to Dec. 2016 ($3,275 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

PPG Industries Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Accounts Payable & Accrued Expense 2,2202,7242,6483,0022,7952,2533,0403,2833,1873,275

PPG Industries Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Accounts Payable & Accrued Expense 3,2833,3293,5903,6113,1873,6163,5773,5673,2753,573
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