Current Liabilities
Accounts Payable
Medtronic Accounts Payable decreased by 0.5% to $2.57B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.4%, from $2.29B to $2.57B. Over 4 years (FY 2021 to FY 2025), Accounts Payable shows an upward trend with a 3.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2026Feb 24, 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_payableHistorical Data
20 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.11B | $1.86B | $1.92B | $1.99B | $2.28B | $2.18B | $2.20B | $2.21B | $2.66B | $2.24B | $2.17B | $1.99B | $2.41B | $2.29B | $2.38B | $2.29B | $2.45B | $2.56B | $2.58B | $2.57B |
| QoQ Change | — | -11.5% | +2.8% | +3.5% | +14.7% | -4.2% | +0.8% | +0.5% | +20.5% | -15.9% | -2.9% | -8.4% | +21.0% | -4.9% | +3.7% | -3.8% | +7.1% | +4.3% | +1.0% | -0.5% |
| YoY Change | — | — | — | — | +8.1% | +17.0% | +14.7% | +11.3% | +17.0% | +2.7% | -1.1% | -9.8% | -9.5% | +2.3% | +9.3% | +14.8% | +1.6% | +11.5% | +8.6% | +12.4% |
Range$1.86B – $2.66B
CAGR+4.3%
Avg YoY Growth+6.9%
Median YoY Growth+9.0%
Accounts Payable at Other Companies
Frequently Asked Questions
- What is Medtronic's accounts payable?
- Medtronic (MDT) reported accounts payable of $2.57B in Q4 2025.
- How has Medtronic's accounts payable changed year-over-year?
- Medtronic's accounts payable increased by 12.4% year-over-year, from $2.29B to $2.57B.
- What is the long-term trend for Medtronic's accounts payable?
- Over 4 years (2021 to 2025), Medtronic's accounts payable has grown at a 3.8% compound annual growth rate (CAGR), from $2.11B to $2.45B.
- What does accounts payable mean?
- Money the company owes to its suppliers for goods or services.