Other Income & Expense
Change in AP
Caterpillar Change in AP increased by 218.2% to $938.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 218.2%, from $294.75M to $938.00M. Over 4 years (FY 2021 to FY 2025), Change in AP shows a downward trend with a -12.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOther Income & Expense
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 6, 2026
How to read this metric
An increase suggests the company is effectively using supplier credit to manage cash flow, while a decrease indicates faster payment of liabilities.
Detailed definition
Represents the net change in obligations to suppliers for goods and services received but not yet paid for. It is a crit...
Peer comparison
Standard working capital metric; compared against days payable outstanding (DPO) at peer firms.
Metric ID:
ms_change_in_accounts_payableHistorical Data
20 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $510.25M | $510.25M | $510.25M | $199.50M | $199.50M | $199.50M | $199.50M | -$188.50M | -$188.50M | -$188.50M | -$188.50M | -$70.50M | -$70.50M | -$70.50M | -$70.50M | $294.75M | $294.75M | $294.75M | $294.75M | $938.00M |
| QoQ Change | — | +0.0% | +0.0% | -60.9% | +0.0% | +0.0% | +0.0% | -194.5% | +0.0% | +0.0% | +0.0% | +62.6% | +0.0% | +0.0% | +0.0% | +518.1% | +0.0% | +0.0% | +0.0% | +218.2% |
| YoY Change | — | — | — | — | -60.9% | -60.9% | -60.9% | -194.5% | -194.5% | -194.5% | -194.5% | +62.6% | +62.6% | +62.6% | +62.6% | +518.1% | +518.1% | +518.1% | +518.1% | +218.2% |
Range-$188.50M – $938.00M
CAGR+13.7%
Avg YoY Growth+98.8%
Median YoY Growth+62.6%
Current Streak12 quarters growth
Change in AP at Other Companies
Frequently Asked Questions
- What is Caterpillar's change in ap?
- Caterpillar (CAT) reported change in ap of $938.00M in Q1 2026.
- How has Caterpillar's change in ap changed year-over-year?
- Caterpillar's change in ap increased by 218.2% year-over-year, from $294.75M to $938.00M.
- What is the long-term trend for Caterpillar's change in ap?
- Over 4 years (2021 to 2025), Caterpillar's change in ap has grown at a -12.8% compound annual growth rate (CAGR), from $2.04B to $1.18B.
- What does change in ap mean?
- The change in money the company owes to its suppliers.