What is Mayville Engineering's change in AP?

Mayville Engineering (MEC) reported change in AP of $10.19M in Q1 2026.

How has Mayville Engineering's change in AP changed year-over-year?

Mayville Engineering's change in AP decreased by 2.5% year-over-year, from $10.44M to $10.19M.

What does change in AP mean?

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

Mayville Engineering MEC Change in AP

Change in AP at other companies

PaccarPCAR

$234.4M+50.4%

Deere & CompanyDE

-$1.49B+19.5%

OshkoshOSK

-$7.05M+63.5%

ESABESAB

$39.66M+85.3%

Patrick IndustriesPATK

$21.32M-55.1%

Standex InternationalSXI

$3.51M+201%

Other financials

Income statement

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Revenue$144.8M+6.8%

Gross profit$11.0M-28.5%

Operating income-$7.7M-588%

Net income-$8.2M-40,975%

EPS (diluted)-$0.40—

Balance sheet

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Cash & equivalents$2.1M+1,029%

Total debt$30.6M+5.5%

Total equity$232.2M-7.1%

Total assets$578.1M+29.1%

Cash flow

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Operating cash flow-$2.8M-133%

CapEx$4.2M+41.3%

Free cash flow-$6.9M-229%

Valuation

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Market cap$899.68M+175%

Enterprise value$928.24M+161%

P/S1.6×+1.0×

Profitability

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Gross margin8.9%-2.9pp

Operating margin-2.4%-9.3pp

Net margin-2.9%-7.0pp

FCF margin2.8%-10.7pp

Returns & leverage

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Return on equity-6.8%-16.2pp

Debt / equity0.1×0.0×

Current ratio1.6×0.0×

Where this comes from

Reported directly by Mayville Engineering in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayable.

The official record: Mayville Engineering’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mayville Engineering's change in AP?: Mayville Engineering (MEC) reported change in AP of $10.19M in Q1 2026.
How has Mayville Engineering's change in AP changed year-over-year?: Mayville Engineering's change in AP decreased by 2.5% year-over-year, from $10.44M to $10.19M.
What does change in AP mean?: Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.