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Westfield (ASX:WDC) Accounts Payable & Accrued Expense : A$1,162.69 Mil (As of Dec. 2017)


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What is Westfield Accounts Payable & Accrued Expense?

Westfield's quarterly accounts payable & accrued expense declined from Dec. 2016 (A$1,039.11 Mil) to Jun. 2017 (A$999.48 Mil) but then increased from Jun. 2017 (A$999.48 Mil) to Dec. 2017 (A$1,162.69 Mil).

Westfield's annual accounts payable & accrued expense declined from Dec. 2015 (A$1,048.86 Mil) to Dec. 2016 (A$1,039.11 Mil) but then increased from Dec. 2016 (A$1,039.11 Mil) to Dec. 2017 (A$1,162.69 Mil).


Westfield Accounts Payable & Accrued Expense Historical Data

The historical data trend for Westfield's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Westfield Accounts Payable & Accrued Expense Chart

Westfield Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,682.40 1,139.36 1,048.86 1,039.11 1,162.69

Westfield Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,048.86 866.69 1,039.11 999.48 1,162.69

Westfield 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.


Westfield Business Description

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Westfield is one of the largest global retail REITs, with interests in 35 malls with a gross value of USD 21.4 billion and external assets under management of USD 13 billion. Westfield's passive investments generate about 80% of group EBIT, with the balance derived from management fees and development income. It differs from peers by developing malls in signature locations, and aims to make each of its assets into a destination centre, with comprehensive entertainment facilities and premium retailers.