Current Liabilities

Accounts Payable

3M Accounts Payable increased by 3.1% to $2.79B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.1%, from $2.76B to $2.79B. Over 5 years (FY 2020 to FY 2025), Accounts Payable shows relatively stable performance with a 1.1% CAGR.

Analysis

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

How to read this metric

An increase can indicate better credit terms or increased production volume, while a decrease might suggest faster payments or reduced purchasing.

Detailed definition

The amount of money a company owes to its suppliers and vendors for goods and services purchased on credit. In a large-s...

Peer comparison

Companies with significant supply chain leverage often maintain high payables to maximize their own cash-on-hand.

Metric ID: accounts_payable

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.93B$2.86B$2.99B$3.16B$3.27B$3.06B$3.18B$3.13B$3.23B$3.10B$3.25B$3.37B$2.81B$2.69B$2.66B$2.76B$2.84B$2.74B$2.70B$2.79B
QoQ Change-2.4%+4.6%+5.7%+3.4%-6.4%+3.9%-1.7%+3.2%-3.9%+4.5%+3.9%-16.6%-4.4%-1.1%+3.6%+3.0%-3.7%-1.2%+3.1%
YoY Change+11.7%+7.0%+6.3%-1.1%-1.3%+1.3%+1.9%+7.7%-12.9%-13.4%-18.0%-18.3%+1.0%+1.7%+1.6%+1.1%
Range$2.66B$3.37B
CAGR-1.1%
Avg YoY Growth-1.5%
Median YoY Growth+1.2%

Frequently Asked Questions

What is 3M's accounts payable?
3M (MMM) reported accounts payable of $2.79B in Q1 2026.
How has 3M's accounts payable changed year-over-year?
3M's accounts payable increased by 1.1% year-over-year, from $2.76B to $2.79B.
What is the long-term trend for 3M's accounts payable?
Over 5 years (2020 to 2025), 3M's accounts payable has grown at a 1.1% compound annual growth rate (CAGR), from $2.56B to $2.70B.
What does accounts payable mean?
The total amount of money the company owes to its suppliers for items it has already received.