Quest Diagnostics Accounts payable and other current liabilities (Note 11) 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 and other current liabilities (Note 11) shows relatively stable performance with a -0.4% CAGR.
An increase can signal improved cash management (extending payment terms) or higher operational activity, while a decrease may indicate faster payments to suppliers.
This represents short-term obligations to suppliers for goods and services received, along with other accrued expenses....
Standard metric for assessing working capital efficiency and trade credit usage across all industries.
current_liabilities_accounts_payable_and_accrued_liabili_26f6ce| 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% |