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Current Liabilities

Accounts Payable

Lowe's Companies Accounts Payable increased by 22.7% to $11.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.6%, from $11.24B to $11.98B. Over 5 years (FY 2020 to FY 2025), Accounts Payable shows a downward trend with a -2.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 28, 2026

How to read this metric

An increase can signal improved payment terms with suppliers or higher inventory purchasing, while a decrease may indicate faster payment cycles.

Detailed definition

Accounts payable represents the short-term obligations owed to suppliers and vendors for goods and services received. It...

Peer comparison

Varies by industry power dynamics; large retailers often have higher payable balances due to their scale and bargaining power.

Metric ID: accounts_payable

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$13.96B$12.01B$11.33B$11.35B$13.83B$12.63B$12.25B$10.52B$11.89B$10.33B$9.91B$8.7B$11.74B$10.34B$10.6B$9.29B$11.24B$9.51B$10.24B$9.76B$11.98B
QoQ Change-14.0%-5.6%+0.2%+21.8%-8.7%-3.0%-14.1%+12.9%-13.1%-4.1%-12.2%+34.8%-11.9%+2.6%-12.4%+20.9%-15.3%+7.6%-4.6%+22.7%
YoY Change-1.0%+5.2%+8.1%-7.3%-14.1%-18.2%-19.1%-17.3%-1.2%+0.0%+6.9%+6.7%-4.3%-8.0%-3.5%+5.1%+6.6%
Range$8.7B$13.96B
CAGR-3.0%
Avg YoY Growth-3.2%
Median YoY Growth-1.2%

Frequently Asked Questions

What is Lowe's Companies's accounts payable?
Lowe's Companies (LOW) reported accounts payable of $11.98B in Q1 2026.
How has Lowe's Companies's accounts payable changed year-over-year?
Lowe's Companies's accounts payable increased by 6.6% year-over-year, from $11.24B to $11.98B.
What is the long-term trend for Lowe's Companies's accounts payable?
Over 5 years (2020 to 2025), Lowe's Companies's accounts payable has grown at a -2.2% compound annual growth rate (CAGR), from $10.88B to $9.76B.
What does accounts payable mean?
Money the company owes to suppliers for products or services already received.