Current Liabilities
Accounts Payable
L3Harris Technologies Accounts Payable decreased by 21.6% to $1.93B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.7%, from $2.05B to $1.93B. Over 5 years (FY 2021 to FY 2026), Accounts Payable shows an upward trend with a 11.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase can indicate better credit terms or increased production volume, while a decrease might suggest faster payments or reduced purchasing.
Detailed definition
The amount of money a company owes to its suppliers and vendors for goods and services purchased on credit. In a large-s...
Peer comparison
Companies with significant supply chain leverage often maintain high payables to maximize their own cash-on-hand.
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 | $1.41B | $1.61B | $1.77B | $1.72B | $1.72B | $2.08B | $1.95B | $2.05B | $2.03B | $2.11B | $2.11B | $2.11B | $1.90B | $2.05B | $2.01B | $2.05B | $2.03B | $1.90B | $2.46B | $1.93B |
| QoQ Change | — | +14.4% | +9.9% | -2.5% | -0.1% | +20.7% | -6.4% | +5.6% | -1.2% | +4.1% | -0.3% | +0.3% | -10.2% | +8.1% | -2.1% | +2.1% | -0.7% | -6.4% | +29.4% | -21.6% |
| YoY Change | — | — | — | — | +22.4% | +29.2% | +10.1% | +19.2% | +17.9% | +1.6% | +8.3% | +2.8% | -6.6% | -3.0% | -4.8% | -3.1% | +7.2% | -7.2% | +22.7% | -5.7% |
Range$1.41B – $2.46B
CAGR+6.9%
Avg YoY Growth+7.0%
Median YoY Growth+5.0%
Accounts Payable at Other Companies
Frequently Asked Questions
- What is L3Harris Technologies's accounts payable?
- L3Harris Technologies (LHX) reported accounts payable of $1.93B in Q1 2026.
- How has L3Harris Technologies's accounts payable changed year-over-year?
- L3Harris Technologies's accounts payable decreased by 5.7% year-over-year, from $2.05B to $1.93B.
- What is the long-term trend for L3Harris Technologies's accounts payable?
- Over 5 years (2021 to 2026), L3Harris Technologies's accounts payable has grown at a 11.8% compound annual growth rate (CAGR), from $1.41B to $2.46B.
- What does accounts payable mean?
- The total amount of money the company owes to its suppliers for items it has already received.