What is Global Industrial's change in AP?

Global Industrial (GIC) reported change in AP of -$6.7M in Q1 2026.

How has Global Industrial's change in AP changed year-over-year?

Global Industrial's change in AP decreased by 176.1% year-over-year, from $8.8M to -$6.7M.

What does change in AP mean?

Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.

Global Industrial GIC Change in AP

Change in AP at other companies

Distribution Solutions Group, Inc.DSGR

$16.3M+111%

FastenalFAST

$46.6M+2.9%

MSC Industrial Direct Co.MSM

-$20.67M—

AmazonAMZN

-$8.74B+3.4%

Applied Industrial TechnologiesAIT

$542.25K+106%

Global Net LeaseGNL

-$12.16M+26.3%

Other financials

Income statement

See full

Revenue$350.4M+9.2%

Gross profit$121.9M+8.7%

Operating income$20.6M+13.2%

Net income$16.6M+22.1%

EPS (diluted)$0.42+20.0%

Balance sheet

See full

Cash & equivalents$61.7M+58.2%

Total debt$99.2M+23.7%

Total equity$319.9M+11.1%

Total assets$581.1M+8.3%

Cash flow

See full

Operating cash flow$6.4M+88.2%

CapEx$800.0K+300%

Free cash flow$5.6M+75.0%

Valuation

See full

Market cap$1.28B+25.7%

Enterprise value$1.32B+24.4%

P/E17×+0.5×

P/S0.9×+0.1×

Profitability

See full

Gross margin35.5%+1.0pp

Operating margin7.1%+0.9pp

Net margin5.3%+0.7pp

FCF margin5.5%+2.0pp

Returns & leverage

See full

Return on equity24.7%+2.3pp

Debt / equity0.3×0.0×

Current ratio2.3×+0.2×

Where this comes from

Reported directly by Global Industrial in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayable.

The official record: Global Industrial’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about Global Industrial's change in ap.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Global Industrial's change in AP?: Global Industrial (GIC) reported change in AP of -$6.7M in Q1 2026.
How has Global Industrial's change in AP changed year-over-year?: Global Industrial's change in AP decreased by 176.1% year-over-year, from $8.8M to -$6.7M.
What does change in AP mean?: Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.