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Change in AP at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
-$46.25M-130%
The Cooper Companies, Inc. logo
The Cooper Companies, Inc.COO
$2M-14.0%
Medtronic logo
MedtronicMDT
$123M-66.4%
STERIS logo
STERISSTE
$56.9M+38.4%
Medline, Inc.
 logo
Medline, Inc. MDLN
$6M-82.9%
Solventum logo
SolventumSOLV
$23M+156%

Other financials

Income statement

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Revenue$2.7B+2.9%
Gross profit$891.0M+3.5%
Operating income$66.0M+13.8%
Net income-$15.0M-112%
EPS (diluted)-$0.03-112%

Balance sheet

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Cash & equivalents$2.0B-12.1%
Total debt$224.0M-8.9%
Total equity$6.0B-14.7%
Total assets$19.8B-6.8%

Cash flow

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Operating cash flow$213.0M+210%
CapEx$128.3M+15.0%
Free cash flow$83.0M-42.1%

Valuation

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Market cap$10.27B-50.6%
Enterprise value$8.48B-55.6%
P/S0.9×-1.0×

Profitability

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Gross margin30.1%-5.9pp
Operating margin-2.7%
Net margin-9.7%+62.5pp
FCF margin3%-2.4pp

Returns & leverage

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Return on equity-16.7%-76.7pp
Debt / equity0.0×
Current ratio1.9×-0.2×

Where this comes from

Reported directly by Baxter International in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayable.

The official record: Baxter International’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Baxter International's change in AP?
Baxter International (BAX) reported change in AP of $102M in Q1 2026.
How has Baxter International's change in AP changed year-over-year?
Baxter International's change in AP increased by 537.5% year-over-year, from $16M to $102M.
What is the long-term trend for Baxter International's change in AP?
Over 3 years (2021 to 2025), Baxter International's change in AP has grown at a -69.4% compound annual growth rate (CAGR), from $105M to $3M.
What does change in AP mean?
The change in the amount of money the company owes to its suppliers.
How do you interpret change in AP?
An increase indicates the company is retaining cash longer by delaying payments, while a decrease indicates faster settlement of liabilities.
How does change in AP compare across companies?
Standard across all industries; peers with stronger bargaining power often show higher payable growth.