Current Liabilities
Accounts Payable
Cummins Accounts Payable increased by 16.7% to $4.43B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.8%, from $4.31B to $4.43B. Over 5 years (FY 2020 to FY 2025), Accounts Payable shows an upward trend with a 6.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase may signal improved cash management or delayed payments, while a decrease suggests faster settlement of obligations.
Detailed definition
Accounts payable represents the short-term obligations owed to suppliers and vendors for goods and services received on...
Peer comparison
Peers with strong bargaining power often maintain higher accounts payable balances to optimize working capital.
Metric ID:
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 | $3.17B | $3.21B | $3.02B | $3.5B | $3.41B | $4B | $4.25B | $4.64B | $4.31B | $4.26B | $4.26B | $4.48B | $4.41B | $4.21B | $3.95B | $4.31B | $4.15B | $3.82B | $3.8B | $4.43B |
| QoQ Change | — | +1.2% | -5.9% | +15.8% | -2.6% | +17.5% | +6.3% | +9.0% | -7.1% | -1.1% | -0.0% | +5.1% | -1.6% | -4.5% | -6.1% | +9.1% | -3.7% | -8.0% | -0.5% | +16.7% |
| YoY Change | — | — | — | — | +7.3% | +24.6% | +40.7% | +32.6% | +26.5% | +6.6% | +0.2% | -3.5% | +2.3% | -1.3% | -7.3% | -3.7% | -5.8% | -9.2% | -3.8% | +2.8% |
Range$3.02B – $4.64B
CAGR+7.3%
Avg YoY Growth+6.8%
Median YoY Growth+1.2%
Accounts Payable at Other Companies
Frequently Asked Questions
- What is Cummins's accounts payable?
- Cummins (CMI) reported accounts payable of $4.43B in Q1 2026.
- How has Cummins's accounts payable changed year-over-year?
- Cummins's accounts payable increased by 2.8% year-over-year, from $4.31B to $4.43B.
- What is the long-term trend for Cummins's accounts payable?
- Over 5 years (2020 to 2025), Cummins's accounts payable has grown at a 6.1% compound annual growth rate (CAGR), from $2.82B to $3.8B.
- What does accounts payable mean?
- Money the company owes to its suppliers for goods or services already received.