Operating
Change in AP
Lennox International Change in AP increased by 153.9% to $31M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 63.6%, from $85.2M to $31M. Over 2 years (FY 2023 to FY 2025), Change in AP shows a downward trend with a 59.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026
How to read this metric
An increase in payables is generally positive for cash flow as it represents interest-free financing from suppliers.
Detailed definition
This measures the net change in amounts owed to suppliers for goods and services received. It reflects the company's abi...
Peer comparison
Standard metric for assessing working capital efficiency across all industries.
Metric ID:
change_in_accounts_payableHistorical Data
16 periods
| Q2 '21 | Q1 '22 | Q2 '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 | $26.2M | $67.5M | $26.2M | $22.3M | $23.1M | -$56.3M | -$18.3M | $65M | $11.2M | $28.4M | $10.4M | $85.2M | $3M | -$104.9M | -$57.5M | $31M |
| QoQ Change | — | +157.6% | -61.2% | -14.9% | +3.6% | -343.7% | +67.5% | +455.2% | -82.8% | +153.6% | -63.4% | +719.2% | -96.5% | <-999% | +45.2% | +153.9% |
| YoY Change | — | — | +0.0% | -67.0% | -11.8% | — | — | +191.5% | -51.5% | +150.4% | +156.8% | +31.1% | -73.2% | -469.4% | -652.9% | -63.6% |
Range-$104.9M – $85.2M
CAGR+4.6%
Avg YoY Growth-71.6%
Median YoY Growth-31.7%
Current Streak2 quarters growth
Change in AP at Other Companies
Frequently Asked Questions
- What is Lennox International's change in ap?
- Lennox International (LII) reported change in ap of $31M in Q1 2026.
- How has Lennox International's change in ap changed year-over-year?
- Lennox International's change in ap decreased by 63.6% year-over-year, from $85.2M to $31M.
- What is the long-term trend for Lennox International's change in ap?
- Over 2 years (2023 to 2025), Lennox International's change in ap has grown at a 59.4% compound annual growth rate (CAGR), from -$29.2M to -$74.2M.
- What does change in ap mean?
- The net change in money the company owes to its suppliers.