Current Liabilities

Sales taxes payable

International Flavors & Fragrances Sales taxes payable increased by 30.0% to $39.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.1%, from $42.00M to $39.00M. Over 5 years (FY 2020 to FY 2025), Sales taxes payable shows an upward trend with a 8.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

Fluctuations generally track with changes in sales volume and the timing of tax remittance cycles to government authorities.

Detailed definition

This represents the amount of sales tax collected from customers on behalf of various government jurisdictions that has...

Peer comparison

Standard liability for any company selling taxable goods or services to end consumers.

Metric ID: sales_taxes_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$64.00M$54.00M$50.00M$55.00M$44.00M$45.00M$65.00M$73.00M$57.00M$62.00M$77.00M$49.00M$44.00M$56.00M$24.00M$42.00M$46.00M$36.00M$30.00M$39.00M
QoQ Change-15.6%-7.4%+10.0%-20.0%+2.3%+44.4%+12.3%-21.9%+8.8%+24.2%-36.4%-10.2%+27.3%-57.1%+75.0%+9.5%-21.7%-16.7%+30.0%
YoY Change-31.3%-16.7%+30.0%+32.7%+29.5%+37.8%+18.5%-32.9%-22.8%-9.7%-68.8%-14.3%+4.5%-35.7%+25.0%-7.1%
Range$24.00M$77.00M
CAGR-9.9%
Avg YoY Growth-3.8%
Median YoY Growth-8.4%

Sales taxes payable at Other Companies

Frequently Asked Questions

What is International Flavors & Fragrances's sales taxes payable?
International Flavors & Fragrances (IFF) reported sales taxes payable of $39.00M in Q1 2026.
How has International Flavors & Fragrances's sales taxes payable changed year-over-year?
International Flavors & Fragrances's sales taxes payable decreased by 7.1% year-over-year, from $42.00M to $39.00M.
What is the long-term trend for International Flavors & Fragrances's sales taxes payable?
Over 5 years (2020 to 2025), International Flavors & Fragrances's sales taxes payable has grown at a 8.4% compound annual growth rate (CAGR), from $20.00M to $30.00M.
What does sales taxes payable mean?
Sales tax collected from customers that must be paid to the government.