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Operating

Change in AP

Snap-on Change in AP increased by 163.2% to $29.4M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 58.9%, from $18.5M to $29.4M.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase indicates the company is delaying cash outflows to preserve liquidity, while a decrease indicates faster settlement of liabilities.

Detailed definition

Measures the net change in obligations owed to suppliers for goods and services received but not yet paid for. This metr...

Peer comparison

Commonly compared across manufacturing and retail sectors to assess trade credit utilization.

Metric ID: change_in_accounts_payable

Historical Data

17 periods
 Q1 '21Q2 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$17.5M$42M$8.5M$24.1M$18M$4.4M-$500K-$7.8M$12.6M-$52.4M$23.3M$14.8M$18.5M-$15.9M$1.2M-$46.5M$29.4M
QoQ Change+140.0%-79.8%+183.5%-25.3%-75.6%-111.4%<-999%+261.5%-515.9%+144.5%-36.5%+25.0%-185.9%+107.5%<-999%+163.2%
YoY Change+37.7%-57.1%-102.1%-143.3%+186.4%>999%+289.7%-20.6%-207.4%+58.9%
Range-$52.4M$42M
CAGR+13.8%
Avg YoY Growth+480.2%
Median YoY Growth+8.6%

Frequently Asked Questions

What is Snap-on's change in ap?
Snap-on (SNA) reported change in ap of $29.4M in Q1 2026.
How has Snap-on's change in ap changed year-over-year?
Snap-on's change in ap increased by 58.9% year-over-year, from $18.5M to $29.4M.
What does change in ap mean?
The net change in money owed to suppliers for goods and services.