Current Liabilities
Accounts Payable
Barnes Group Accounts Payable decreased by 6.4% to $142.57M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 8.6%, from $156.06M to $142.57M. Over 3 years (FY 2020 to FY 2023), Accounts Payable shows an upward trend with a 13.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ3 2024Oct 29, 2024
How to read this metric
An increase can signal improved cash management or extended payment terms, while a decrease may indicate faster payments to suppliers or reduced purchasing activity.
Detailed definition
This represents the short-term obligations owed to suppliers and vendors for goods and services received on credit. It i...
Peer comparison
Standard current liability for all companies; comparable across industries based on days payable outstanding.
Metric ID:
accounts_payableHistorical Data
14 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $124.46M | $124.60M | $131.08M | $134.82M | $137.56M | $136.49M | $145.06M | $153.36M | $144.14M | $156.06M | $164.26M | $145.69M | $152.27M | $142.57M |
| QoQ Change | — | +0.1% | +5.2% | +2.9% | +2.0% | -0.8% | +6.3% | +5.7% | -6.0% | +8.3% | +5.3% | -11.3% | +4.5% | -6.4% |
| YoY Change | — | — | — | — | +10.5% | +9.5% | +10.7% | +13.8% | +4.8% | +14.3% | +13.2% | -5.0% | +5.6% | -8.6% |
Range$124.46M – $164.26M
CAGR+4.3%
Avg YoY Growth+6.9%
Median YoY Growth+10.0%
Accounts Payable at Other Companies
Frequently Asked Questions
- What is Barnes Group's accounts payable?
- Barnes Group (B) reported accounts payable of $142.57M in Q3 2024.
- How has Barnes Group's accounts payable changed year-over-year?
- Barnes Group's accounts payable decreased by 8.6% year-over-year, from $156.06M to $142.57M.
- What is the long-term trend for Barnes Group's accounts payable?
- Over 3 years (2020 to 2023), Barnes Group's accounts payable has grown at a 13.5% compound annual growth rate (CAGR), from $112.43M to $164.26M.
- What does accounts payable mean?
- Money the company owes to its suppliers for goods or services.