Current Liabilities

Accounts Payable

Best Buy Accounts Payable increased by 7.9% to $5.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.6%, from $4.67B to $5.12B. Over 5 years (FY 2021 to FY 2026), Accounts Payable shows a downward trend with a -7.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2027May 28, 2026

How to read this metric

An increase can signal improved cash management or extended payment terms, while a decrease may indicate faster payments to suppliers or reduced purchasing activity.

Detailed definition

This represents the short-term obligations owed to suppliers and vendors for goods and services received on credit. It i...

Peer comparison

Standard current liability for all companies; comparable across industries based on days payable outstanding.

Metric ID: accounts_payable

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$6.36B$6.95B$8.41B$6.80B$5.49B$5.41B$7.06B$5.69B$4.87B$5.47B$7.13B$4.64B$4.66B$5.54B$7.15B$4.98B$4.67B$5.68B$7.32B$4.75B$5.12B
QoQ Change+9.2%+21.0%-19.1%-19.3%-1.6%+30.5%-19.4%-14.3%+12.2%+30.4%-35.0%+0.6%+18.8%+28.9%-30.3%-6.2%+21.7%+28.8%-35.2%+7.9%
YoY Change-13.6%-22.2%-16.0%-16.4%-11.3%+1.2%+1.1%-18.5%-4.3%+1.3%+0.2%+7.4%+0.1%+2.5%+2.4%-4.7%+9.6%
Range$4.64B$8.41B
CAGR-4.3%
Avg YoY Growth-4.8%
Median YoY Growth+0.1%

Frequently Asked Questions

What is Best Buy's accounts payable?
Best Buy (BBY) reported accounts payable of $5.12B in Q1 2026.
How has Best Buy's accounts payable changed year-over-year?
Best Buy's accounts payable increased by 9.6% year-over-year, from $4.67B to $5.12B.
What is the long-term trend for Best Buy's accounts payable?
Over 5 years (2021 to 2026), Best Buy's accounts payable has grown at a -7.4% compound annual growth rate (CAGR), from $6.98B to $4.75B.
What does accounts payable mean?
Money the company owes to its suppliers for goods or services.