Current Liabilities

Accounts Payable

Reliance Accounts Payable increased by 47.1% to $552.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.0%, from $520.80M to $552.10M. Over 5 years (FY 2020 to FY 2025), Accounts Payable shows an upward trend with a 7.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 29, 2026

How to read this metric

An increase can signal improved cash management or extended payment terms, while a decrease may indicate faster payments to suppliers or reduced purchasing activity.

Detailed definition

This represents the short-term obligations owed to suppliers and vendors for goods and services received on credit. It i...

Peer comparison

Standard current liability for all companies; comparable across industries based on days payable outstanding.

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$473.60M$519.40M$453.90M$636.20M$663.80M$481.60M$412.40M$545.00M$499.80M$445.40M$410.30M$449.70M$458.40M$440.90M$361.90M$520.80M$516.60M$507.80M$375.20M$552.10M
QoQ Change+9.7%-12.6%+40.2%+4.3%-27.4%-14.4%+32.2%-8.3%-10.9%-7.9%+9.6%+1.9%-3.8%-17.9%+43.9%-0.8%-1.7%-26.1%+47.1%
YoY Change+40.2%-7.3%-9.1%-14.3%-24.7%-7.5%-0.5%-17.5%-8.3%-1.0%-11.8%+15.8%+12.7%+15.2%+3.7%+6.0%
Range$361.90M$663.80M
CAGR+3.3%
Avg YoY Growth-0.5%
Median YoY Growth-4.1%

Frequently Asked Questions

What is Reliance's accounts payable?
Reliance (RS) reported accounts payable of $552.10M in Q1 2026.
How has Reliance's accounts payable changed year-over-year?
Reliance's accounts payable increased by 6.0% year-over-year, from $520.80M to $552.10M.
What is the long-term trend for Reliance's accounts payable?
Over 5 years (2020 to 2025), Reliance's accounts payable has grown at a 7.7% compound annual growth rate (CAGR), from $259.30M to $375.20M.
What does accounts payable mean?
Money the company owes to its suppliers for goods or services.