Current Liabilities
Accounts Payable
Parker-Hannifin Accounts Payable increased by 11.8% to $2.30B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.9%, from $1.98B to $2.30B. Over 4 years (FY 2021 to FY 2025), Accounts Payable shows an upward trend with a 6.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ3 2026May 1, 2026
How to read this metric
An increase may suggest improved cash flow management or extended payment terms, while a decrease may indicate faster payments to suppliers or reduced purchasing activity.
Detailed definition
This represents the total amount of short-term obligations owed to suppliers and vendors for goods and services purchase...
Peer comparison
Standard across industrial peers; typically benchmarked against days payable outstanding (DPO).
Metric ID:
accounts_payableHistorical Data
20 periods
| 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 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.67B | $1.64B | $1.60B | $1.73B | $1.73B | $2.02B | $1.97B | $2.08B | $2.05B | $2.04B | $1.97B | $1.96B | $1.99B | $1.95B | $1.79B | $1.98B | $2.13B | $2.15B | $2.05B | $2.30B |
| QoQ Change | — | -1.9% | -2.4% | +8.5% | -0.0% | +16.5% | -2.5% | +5.8% | -1.4% | -0.7% | -3.2% | -0.4% | +1.4% | -1.9% | -8.1% | +10.4% | +7.3% | +1.1% | -4.5% | +11.8% |
| YoY Change | — | — | — | — | +3.8% | +23.3% | +23.2% | +20.1% | +18.4% | +0.9% | +0.3% | -5.6% | -2.9% | -4.1% | -9.0% | +0.9% | +6.7% | +10.1% | +14.4% | +15.9% |
Range$1.60B – $2.30B
CAGR+7.0%
Avg YoY Growth+7.3%
Median YoY Growth+5.3%
Accounts Payable at Other Companies
Frequently Asked Questions
- What is Parker-Hannifin's accounts payable?
- Parker-Hannifin (PH) reported accounts payable of $2.30B in Q1 2026.
- How has Parker-Hannifin's accounts payable changed year-over-year?
- Parker-Hannifin's accounts payable increased by 15.9% year-over-year, from $1.98B to $2.30B.
- What is the long-term trend for Parker-Hannifin's accounts payable?
- Over 4 years (2021 to 2025), Parker-Hannifin's accounts payable has grown at a 6.3% compound annual growth rate (CAGR), from $1.67B to $2.13B.
- What does accounts payable mean?
- Money the company owes to its suppliers for items or services already received.