What is Microchip Technology's change in AP?

Microchip Technology (MCHP) reported change in AP of $53.4M in Q1 2026.

How has Microchip Technology's change in AP changed year-over-year?

Microchip Technology's change in AP increased by 149.0% year-over-year, from -$109M to $53.4M.

What is the long-term trend for Microchip Technology's change in AP?

Over 4 years (2022 to 2026), Microchip Technology's change in AP has grown at a -39.4% compound annual growth rate (CAGR), from $192.7M to $26M.

What does change in AP mean?

Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.

Microchip Technology MCHP Change in AP

Change in AP at other companies

Analog DevicesADI

$164.33M+591%

Frequency ElectronicsFEIM

-$247.25K-212%

IntelINTC

-$142M+40.8%

Texas InstrumentsTXN

-$125M-3.3%

Lattice SemiconductorLSCC

$2.25M+150%

QuickLogicQUIK

-$218K+85.3%

Other financials

Income statement

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Revenue$1.3B+35.1%

Gross profit$799.6M+59.6%

Operating income$217.4M—

Net income$144.2M+193%

EPS (diluted)$0.22+176%

Balance sheet

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Cash & equivalents$240.3M-68.9%

Total debt$5.6B-2.4%

Total equity$6.4B-9.1%

Total assets$14.4B-6.5%

Cash flow

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Operating cash flow$257.0M+24.8%

CapEx$14.2M0.0%

Free cash flow$242.8M+26.7%

Valuation

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Market cap$49.44B+20.2%

Enterprise value$54.84B+19.0%

P/E215×—

P/S10.5×+0.8×

Profitability

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Gross margin57.7%+1.7pp

Operating margin10.4%—

Net margin4.9%+4.9pp

FCF margin18.5%+0.9pp

Returns & leverage

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Return on equity3.4%+3.4pp

Debt / equity0.9×+0.1×

Current ratio2.1×-0.5×

Where this comes from

Reported directly by Microchip Technology in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities.

The official record: Microchip Technology’s 10-K, filed May 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Microchip Technology's change in AP?: Microchip Technology (MCHP) reported change in AP of $53.4M in Q1 2026.
How has Microchip Technology's change in AP changed year-over-year?: Microchip Technology's change in AP increased by 149.0% year-over-year, from -$109M to $53.4M.
What is the long-term trend for Microchip Technology's change in AP?: Over 4 years (2022 to 2026), Microchip Technology's change in AP has grown at a -39.4% compound annual growth rate (CAGR), from $192.7M to $26M.
What does change in AP mean?: Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.