Operating

Change in AP

Southern Copper Change in AP decreased by 131.2% to -$109.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 59.8%, from -$273.70M to -$109.90M. Over 4 years (FY 2021 to FY 2025), Change in AP shows a downward trend with a -12.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase is generally positive for cash flow, as it allows the company to retain cash longer, provided it does not damage supplier relationships.

Detailed definition

This measures the change in the amount the company owes to its suppliers and vendors for goods and services received. An...

Peer comparison

Standard metric; companies often aim to optimize payment terms to maximize cash availability.

Metric ID: change_in_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$78.50M$332.30M$148.70M-$525.00M-$218.70M-$24.90M$0.00$12.70M-$185.50M$226.50M$98.30M$151.80M-$145.60M$22.60M$357.00M-$273.70M-$121.20M$368.90M$352.10M-$109.90M
QoQ Change+323.3%-55.3%-453.1%+58.3%+88.6%+100.0%<-999%+222.1%-56.6%+54.4%-195.9%+115.5%>999%-176.7%+55.7%+404.4%-4.6%-131.2%
YoY Change-378.6%-107.5%-100.0%+102.4%+15.2%>999%>999%+21.5%-90.0%+263.2%-280.3%+16.8%>999%-1.4%+59.8%
Range-$525.00M$368.90M
CAGR+7.3%
Avg YoY Growth+210.6%
Median YoY Growth+16.8%
Current Streak2 quarters decline

Change in AP at Other Companies

Frequently Asked Questions

What is Southern Copper's change in ap?
Southern Copper (SCCO) reported change in ap of -$109.90M in Q1 2026.
How has Southern Copper's change in ap changed year-over-year?
Southern Copper's change in ap increased by 59.8% year-over-year, from -$273.70M to -$109.90M.
What is the long-term trend for Southern Copper's change in ap?
Over 4 years (2021 to 2025), Southern Copper's change in ap has grown at a -12.6% compound annual growth rate (CAGR), from $558.20M to $326.10M.
What does change in ap mean?
The change in money the company owes to its suppliers.