Current Liabilities
Accounts Payable
Barnes Group Accounts Payable decreased by 6.4% to $142.57M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 8.6%, from $156.06M to $142.57M. Over 3 years (FY 2020 to FY 2023), Accounts Payable shows an upward trend with a 13.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase can indicate better credit terms or increased production volume, while a decrease might suggest faster payments or reduced purchasing.
Detailed definition
The amount of money a company owes to its suppliers and vendors for goods and services purchased on credit. In a large-s...
Peer comparison
Companies with significant supply chain leverage often maintain high payables to maximize their own cash-on-hand.
Metric ID:
accounts_payableHistorical Data
14 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $124.46M | $124.60M | $131.08M | $134.82M | $137.56M | $136.49M | $145.06M | $153.36M | $144.14M | $156.06M | $164.26M | $145.69M | $152.27M | $142.57M |
| QoQ Change | — | +0.1% | +5.2% | +2.9% | +2.0% | -0.8% | +6.3% | +5.7% | -6.0% | +8.3% | +5.3% | -11.3% | +4.5% | -6.4% |
| YoY Change | — | — | — | — | +10.5% | +9.5% | +10.7% | +13.8% | +4.8% | +14.3% | +13.2% | -5.0% | +5.6% | -8.6% |
Range$124.46M – $164.26M
CAGR+4.3%
Avg YoY Growth+6.9%
Median YoY Growth+10.0%
Accounts Payable at Other Companies
Frequently Asked Questions
- What is Barnes Group's accounts payable?
- Barnes Group (B) reported accounts payable of $142.57M in Q3 2024.
- How has Barnes Group's accounts payable changed year-over-year?
- Barnes Group's accounts payable decreased by 8.6% year-over-year, from $156.06M to $142.57M.
- What is the long-term trend for Barnes Group's accounts payable?
- Over 3 years (2020 to 2023), Barnes Group's accounts payable has grown at a 13.5% compound annual growth rate (CAGR), from $112.43M to $164.26M.
- What does accounts payable mean?
- The total amount of money the company owes to its suppliers for items it has already received.