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Argan AGX Accounts Payable

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Other financials

Income statement

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Revenue$291.0M+50.2%
Gross profit$61.1M+65.8%
Operating income$45.4M+86.5%
Net income$46.1M+104%
EPS (diluted)$3.24+102%

Balance sheet

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Cash & equivalents$355.8M+88.0%
Total debt$6.4M+20.6%
Total equity$473.5M+30.1%
Total assets$1.3B+62.4%

Cash flow

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Operating cash flow$113.4M+221%
CapEx$2.4M+516%
Free cash flow$111.0M+218%

Valuation

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Market cap$10.36B+361%
P/E64.2×+41.8×
P/S9.9×+7.5×

Profitability

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Gross margin20.9%+3.3pp
Operating margin14.9%+3.3pp
Net margin15.5%+4.5pp
FCF margin46.7%+27.1pp

Returns & leverage

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Return on equity38.5%+8.0pp
Debt / equity0.0×
Current ratio1.5×-0.2×

Where this comes from

Reported directly by Argan in its filing.

Tagged under the XBRL concept us-gaap:AccountsPayableCurrent.

The official record: Argan’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Argan's accounts payable?
Argan (AGX) reported accounts payable of $123.85M in Q1 2026.
How has Argan's accounts payable changed year-over-year?
Argan's accounts payable increased by 78.8% year-over-year, from $69.27M to $123.85M.
What is the long-term trend for Argan's accounts payable?
Over 5 years (2021 to 2026), Argan's accounts payable has grown at a 15.1% compound annual growth rate (CAGR), from $53.3M to $107.54M.
What does accounts payable mean?
Money the company owes to its suppliers for goods and services.
How do you interpret accounts payable?
Increasing levels may indicate improved cash flow management or delayed payments, while decreasing levels suggest faster settlement of debts.
How does accounts payable compare across companies?
Standard across all industries; high levels relative to revenue can indicate aggressive working capital strategies.