Target Accounts Payable increased by 14.8% to $13.79B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 4.3%, from $14.42B to $13.79B. Over 4 years (FY 2021 to FY 2025), Accounts Payable shows relatively stable performance with a 0.4% CAGR.
An increase can indicate better credit terms or increased production volume, while a decrease might suggest faster payments or reduced purchasing.
The amount of money a company owes to its suppliers and vendors for goods and services purchased on credit. In a large-s...
Companies with significant supply chain leverage often maintain high payables to maximize their own cash-on-hand.
accounts_payable| Q2 '21 | Q3 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $12.63B | $16.25B | $15.48B | $14.05B | $14.89B | $15.44B | $13.49B | $11.94B | $12.28B | $14.29B | $12.10B | $11.56B | $12.60B | $14.42B | $13.05B | $11.82B | $12.02B | $13.79B |
| QoQ Change | — | +28.6% | -4.8% | -9.2% | +6.0% | +3.7% | -12.6% | -11.5% | +2.9% | +16.4% | -15.3% | -4.4% | +8.9% | +14.5% | -9.5% | -9.4% | +1.7% | +14.8% |
| YoY Change | — | — | — | — | +17.9% | -5.0% | -12.9% | -15.1% | -17.5% | -7.4% | -10.3% | -3.1% | +2.6% | +0.9% | +7.9% | +2.3% | -4.6% | -4.3% |