Current Liabilities
Accounts Payable
Quest Diagnostics Accounts Payable decreased by 6.3% to $1.50B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.4%, from $1.27B to $1.50B. Over 5 years (FY 2020 to FY 2025), Accounts Payable shows relatively stable performance with a -0.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 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_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 | $1.40B | $1.61B | $1.60B | $1.54B | $1.42B | $1.45B | $1.40B | $1.20B | $1.20B | $1.16B | $1.36B | $1.24B | $1.25B | $1.31B | $1.39B | $1.27B | $1.35B | $1.46B | $1.60B | $1.50B |
| QoQ Change | — | +14.7% | -0.6% | -3.5% | -8.0% | +1.9% | -3.5% | -14.2% | +0.3% | -3.7% | +17.5% | -8.8% | +0.6% | +5.3% | +6.2% | -9.1% | +6.5% | +8.0% | +9.8% | -6.3% |
| YoY Change | — | — | — | — | +1.1% | -10.1% | -12.8% | -22.4% | -15.4% | -20.0% | -2.7% | +3.4% | +3.8% | +13.5% | +2.6% | +2.3% | +8.2% | +11.0% | +14.8% | +18.4% |
Range$1.16B – $1.61B
CAGR+1.4%
Avg YoY Growth-0.3%
Median YoY Growth+2.4%
Accounts Payable at Other Companies
Frequently Asked Questions
- What is Quest Diagnostics's accounts payable?
- Quest Diagnostics (DGX) reported accounts payable of $1.50B in Q1 2026.
- How has Quest Diagnostics's accounts payable changed year-over-year?
- Quest Diagnostics's accounts payable increased by 18.4% year-over-year, from $1.27B to $1.50B.
- What is the long-term trend for Quest Diagnostics's accounts payable?
- Over 5 years (2020 to 2025), Quest Diagnostics's accounts payable has grown at a -0.4% compound annual growth rate (CAGR), from $1.63B to $1.60B.
- What does accounts payable mean?
- Money the company owes to its suppliers for goods or services.