Nine Energy Service Accounts Payable decreased by 4.8% to $41.45M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.8%, from $46.49M to $41.45M. Over 4 years (FY 2021 to FY 2025), Accounts Payable shows an upward trend with a 11.0% CAGR.
An increase can signal improved cash management or extended payment terms, while a decrease may indicate faster payments to suppliers or reduced purchasing activity.
This represents the short-term obligations owed to suppliers and vendors for goods and services received on credit. It i...
Standard current liability for all companies; comparable across industries based on days payable outstanding.
accounts_payable| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $28.68M | $42.21M | $37.49M | $37.52M | $33.38M | $38.83M | $39.40M | $30.47M | $36.05M | $46.49M | $44.15M | $37.07M | $43.56M | $41.45M |
| QoQ Change | — | +47.2% | -11.2% | +0.1% | -11.0% | +16.3% | +1.5% | -22.7% | +18.3% | +29.0% | -5.1% | -16.0% | +17.5% | -4.8% |
| YoY Change | — | +47.2% | — | — | -20.9% | +3.6% | +5.0% | — | +8.0% | +19.7% | +12.1% | +21.7% | +20.8% | -10.8% |