NOBGY (Noble Group) Accounts Payable: $381 Mil (As of Sep. 2018)

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What is Noble Group Accounts Payable?

Noble Group NOBGY -99.00% Accounts Payable is $381 Mil as of Sep. 2018.

Noble Group's Accounts Payable for the quarter that ended in Sep. 2018 was $381 Mil.

Noble Group's quarterly Accounts Payable increased from Mar. 2018 ($462 Mil) to Jun. 2018 ($467 Mil) but then declined from Jun. 2018 ($467 Mil) to Sep. 2018 ($381 Mil).

Noble Group's annual Accounts Payable declined from Dec. 2015 ($3,731 Mil) to Dec. 2016 ($2,504 Mil) and declined from Dec. 2016 ($2,504 Mil) to Dec. 2017 ($372 Mil).

Noble Group Accounts Payable Historical Data

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The historical data trend for Noble Group's Accounts Payable 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.

Noble Group Accounts Payable Chart

Noble Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,045.04 6,668.54 3,731.01 2,504.43 371.90

Noble Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Accounts Payable 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 491.15 371.90 462.10 466.84 380.97

Noble Group Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $381 Mil mean?
Noble Group (NOBGY) has a Accounts Payable of $381 Mil as of Sep. 2018. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Noble Group and its competitors.
Is Noble Group's Accounts Payable too high?
Noble Group's current Accounts Payable is $381 Mil.
How does Noble Group's Accounts Payable compare to SGOC and HHHH?
Noble Group's Accounts Payable of $381 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Conglomerates company?
A good Accounts Payable depends on the Conglomerates industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Noble Group and its competitors. Noble Group's current Accounts Payable is $381 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Group stock overvalued right now?
Noble Group (NOBGY) has a current Accounts Payable of $381 Mil. The current Accounts Payable is $381 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Noble Group (NOBGY), the current Accounts Payable is $381 Mil as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Noble Group Business Description

Address 60 Anson Road, No. 19-01, Mapletree Anson, Singapore, SGP, Singapore
Noble Group Ltd operates and manages supply chain focused on purchasing physical commodities and transforming these into customized products. The business consist of logistics and transportation, price risk management and hedging, commodity processing and blending, as well as structured and trade finance products. The company has two segments - namely, the Energy Segment, with combines the former Energy and Gas & Power segments and includes the Oil Liquids, Gas & Power and Energy Coal businesses; and the Metals, Minerals and Ores Segment, which combines the former Metals & Mining and Corporate segments and includes the Metals, Carbon Steel Materials and Logistics businesses.