Discontinued — last reported Q4 '25

Operating

Change in AP

AutoZone Change in AP decreased by 3.2% to $235.76M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 47.6%, from $449.79M to $235.76M. Over 2 years (FY 2021 to FY 2024), Change in AP shows a downward trend with a -51.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalHigher is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

An increase suggests the company is successfully leveraging its scale to negotiate better payment terms with its supply chain.

Detailed definition

Accounts payable represents the change in the amount the company owes to its suppliers for materials or services purchas...

Peer comparison

Dominant market leaders often have high accounts payable as they can dictate longer payment terms to their vendors.

Metric ID: cf_change_in_accounts_payable

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q3 '25Q4 '25
Value$122.04M$89.27M$278.83M$655.23M$201.36M$6.57M-$111.31M-$239.90M$33.76M-$17.06M$126.49M$100.95M$170.03M$449.79M$603.61M$243.49M$235.76M
QoQ Change-26.9%+212.4%+135.0%-69.3%-96.7%<-999%-115.5%+114.1%-150.5%+841.3%-20.2%+68.4%+164.5%+34.2%-59.7%-3.2%
YoY Change+65.0%-92.6%-139.9%-136.6%+413.6%+84.7%+152.7%+403.6%>999%+377.2%+43.2%-47.6%
Range-$239.90M$655.23M
CAGR+17.9%
Avg YoY Growth+321.6%
Median YoY Growth+74.8%
Current Streak2 quarters decline

Frequently Asked Questions

What is AutoZone's change in ap?
AutoZone (AZO) reported change in ap of $235.76M in Q4 2025.
How has AutoZone's change in ap changed year-over-year?
AutoZone's change in ap decreased by 47.6% year-over-year, from $449.79M to $235.76M.
What is the long-term trend for AutoZone's change in ap?
Over 2 years (2021 to 2024), AutoZone's change in ap has grown at a -51.3% compound annual growth rate (CAGR), from $1.03B to $244.13M.
What does change in ap mean?
The change in the amount of money the company owes to its suppliers.