Other Income & Expense

Change in AP

Semtech Change in AP increased by 16.8% to $8.04M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.0%, from $9.81M to $8.04M. Over 2 years (FY 2023 to FY 2026), Change in AP shows an upward trend with a 146.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2027May 27, 2026

How to read this metric

An increase suggests the company is effectively using supplier credit to manage cash flow, while a decrease indicates faster payment of liabilities.

Detailed definition

Represents the net change in obligations to suppliers for goods and services received but not yet paid for. It is a crit...

Peer comparison

Standard working capital metric; compared against days payable outstanding (DPO) at peer firms.

Metric ID: ms_change_in_accounts_payable

Historical Data

18 periods
 Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$1.51M$761.00K-$5.60M-$126.00K$5.80M-$9.11M-$267.00K-$17.64M-$20.09M$0.00-$10.58M$19.05M$12.03M$9.81M$1.42M$4.42M$6.89M$8.04M
QoQ Change-49.7%-835.7%+97.7%>999%-256.9%+97.1%<-999%-13.8%+100.0%+280.1%-36.9%-18.5%-85.5%+211.0%+56.0%+16.8%
YoY Change-108.3%+662.4%-62.6%<-999%-446.2%+100.0%<-999%+208.0%+159.9%-48.5%-88.2%-18.0%
Range-$20.09M$19.05M
CAGR+48.2%
Avg YoY Growth<-999%
Median YoY Growth-55.6%
Current Streak3 quarters growth

Frequently Asked Questions

What is Semtech's change in ap?
Semtech (SMTC) reported change in ap of $8.04M in Q1 2026.
How has Semtech's change in ap changed year-over-year?
Semtech's change in ap decreased by 18.0% year-over-year, from $9.81M to $8.04M.
What is the long-term trend for Semtech's change in ap?
Over 2 years (2023 to 2026), Semtech's change in ap has grown at a 146.9% compound annual growth rate (CAGR), from -$3.70M to $22.53M.
What does change in ap mean?
The change in money the company owes to its suppliers.