Other

Accounts Payable

L3Harris Technologies Accounts Payable decreased by 1113.5% to -$527.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1113.5%, from $52.00M to -$527.00M. Over 3 years (FY 2021 to FY 2024), Accounts Payable shows a downward trend with a -40.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase represents a source of cash flow by delaying payments, while a decrease indicates the company is paying down its obligations faster.

Detailed definition

The net change in the amount the company owes to suppliers for goods and services purchased on credit. This represents a...

Peer comparison

Analyzed through Days Payable Outstanding (DPO) to understand payment terms relative to industry standards.

Metric ID: other_increase_decrease_in_accounts_payable

Historical Data

18 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Value$15.00M-$59.00M$356.00M$118.00M-$43.00M$66.00M-$41.00M$198.00M$90.00M-$290.00M$155.00M$132.00M$9.00M$29.00M-$131.00M$0.00$52.00M-$527.00M
QoQ Change-493.3%+703.4%-66.9%-136.4%+253.5%-162.1%+582.9%-54.5%-422.2%+153.4%-14.8%-93.2%+222.2%-551.7%+100.0%<-999%
YoY Change-386.7%+211.9%-111.5%+67.8%+309.3%-539.4%+478.0%-33.3%-90.0%+110.0%-184.5%-100.0%+477.8%<-999%
Range-$527.00M$356.00M
CAGR+131.0%
Avg YoY Growth-64.6%
Median YoY Growth-61.7%

Frequently Asked Questions

What is L3Harris Technologies's accounts payable?
L3Harris Technologies (LHX) reported accounts payable of -$527.00M in Q1 2026.
How has L3Harris Technologies's accounts payable changed year-over-year?
L3Harris Technologies's accounts payable decreased by 1113.5% year-over-year, from $52.00M to -$527.00M.
What is the long-term trend for L3Harris Technologies's accounts payable?
Over 3 years (2021 to 2024), L3Harris Technologies's accounts payable has grown at a -40.0% compound annual growth rate (CAGR), from $430.00M to -$93.00M.
What does accounts payable mean?
The change in money the company owes to its suppliers.