Current Liabilities

Accounts Payable

Chevron Accounts Payable increased by 20.2% to $23.18B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.0%, from $20.88B to $23.18B. Over 5 years (FY 2020 to FY 2025), Accounts Payable shows an upward trend with a 12.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 7, 2026

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_payable

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$14.72B$15.31B$16.45B$20.14B$24.91B$21.70B$18.96B$17.94B$18.66B$21.65B$20.42B$21.26B$21.01B$20.04B$22.08B$20.88B$18.61B$19.07B$19.28B$23.18B
QoQ Change+4.0%+7.5%+22.4%+23.7%-12.9%-12.6%-5.3%+4.0%+16.0%-5.7%+4.1%-1.2%-4.6%+10.2%-5.4%-10.9%+2.5%+1.1%+20.2%
YoY Change+69.2%+41.7%+15.2%-10.9%-25.1%-0.2%+7.7%+18.5%+12.6%-7.4%+8.1%-1.8%-11.4%-4.8%-12.7%+11.0%
Range$14.72B$24.91B
CAGR+10.0%
Avg YoY Growth+6.9%
Median YoY Growth+3.8%
Current Streak3 quarters growth

Frequently Asked Questions

What is Chevron's accounts payable?
Chevron (CVX) reported accounts payable of $23.18B in Q1 2026.
How has Chevron's accounts payable changed year-over-year?
Chevron's accounts payable increased by 11.0% year-over-year, from $20.88B to $23.18B.
What is the long-term trend for Chevron's accounts payable?
Over 5 years (2020 to 2025), Chevron's accounts payable has grown at a 12.0% compound annual growth rate (CAGR), from $10.95B to $19.28B.
What does accounts payable mean?
Money the company owes to its suppliers for goods or services.