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.
An increase can indicate better credit terms or increased production volume, while a decrease might suggest faster payments or reduced purchasing.
The amount of money a company owes to its suppliers and vendors for goods and services purchased on credit. In a large-s...
Companies with significant supply chain leverage often maintain high payables to maximize their own cash-on-hand.
accounts_payable| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '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 | $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% |