Current Liabilities

Accounts Payable

Labcorp Holdings Accounts Payable decreased by 17.3% to $695.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.1%, from $717.90M to $695.70M. Over 5 years (FY 2020 to FY 2025), Accounts Payable shows an upward trend with a 5.6% 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_payable

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$599.90M$669.40M$621.30M$623.60M$754.70M$765.50M$852.20M$880.70M$713.10M$690.60M$827.50M$695.50M$760.60M$660.90M$875.80M$717.90M$793.00M$668.50M$840.80M$695.70M
QoQ Change+11.6%-7.2%+0.4%+21.0%+1.4%+11.3%+3.3%-19.0%-3.2%+19.8%-16.0%+9.4%-13.1%+32.5%-18.0%+10.5%-15.7%+25.8%-17.3%
YoY Change+25.8%+14.4%+37.2%+41.2%-5.5%-9.8%-2.9%-21.0%+6.7%-4.3%+5.8%+3.2%+4.3%+1.1%-4.0%-3.1%
Range$599.90M$880.70M
CAGR+3.2%
Avg YoY Growth+5.6%
Median YoY Growth+2.2%

Frequently Asked Questions

What is Labcorp Holdings's accounts payable?
Labcorp Holdings (LH) reported accounts payable of $695.70M in Q1 2026.
How has Labcorp Holdings's accounts payable changed year-over-year?
Labcorp Holdings's accounts payable decreased by 3.1% year-over-year, from $717.90M to $695.70M.
What is the long-term trend for Labcorp Holdings's accounts payable?
Over 5 years (2020 to 2025), Labcorp Holdings's accounts payable has grown at a 5.6% compound annual growth rate (CAGR), from $638.90M to $840.80M.
What does accounts payable mean?
Money the company owes to its suppliers for goods or services.