Current Liabilities

Accounts Payable

Nine Energy Service Accounts Payable decreased by 4.8% to $41.45M in Q1 2026 compared to the prior quarter.

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

2 periods
 Q4 '25Q1 '26
Value$43.56M$41.45M
QoQ Change-4.8%
Range$41.45M$43.56M

Frequently Asked Questions

What is Nine Energy Service's accounts payable?
Nine Energy Service (NINE) reported accounts payable of $41.45M in Q1 2026.
What does accounts payable mean?
The total amount of money the company owes to its suppliers for items it has already received.