Current Liabilities

Accounts Payable

Texas Pacific Land Accounts Payable increased by 2.4% to $40.54M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 61.7%, from $25.07M to $40.54M. Over 5 years (FY 2020 to FY 2025), Accounts Payable shows an upward trend with a 21.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2025

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

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$13.98M$18.02M$18.01M$12.64M$29.28M$30.73M$23.90M$27.26M$27.16M$29.03M$22.50M$23.32M$31.66M$40.56M$26.96M$25.07M$26.99M$38.55M$39.58M$40.54M
QoQ Change+28.9%-0.1%-29.8%+131.6%+4.9%-22.2%+14.1%-0.4%+6.9%-22.5%+3.6%+35.7%+28.1%-33.5%-7.0%+7.6%+42.8%+2.7%+2.4%
YoY Change+109.5%+70.5%+32.7%+115.6%-7.3%-5.5%-5.8%-14.5%+16.6%+39.7%+19.8%+7.5%-14.7%-5.0%+46.8%+61.7%
Range$12.64M$40.56M
CAGR+25.1%
Avg YoY Growth+29.2%
Median YoY Growth+18.2%
Current Streak4 quarters growth

Frequently Asked Questions

What is Texas Pacific Land's accounts payable?
Texas Pacific Land (TPL) reported accounts payable of $40.54M in Q1 2026.
How has Texas Pacific Land's accounts payable changed year-over-year?
Texas Pacific Land's accounts payable increased by 61.7% year-over-year, from $25.07M to $40.54M.
What is the long-term trend for Texas Pacific Land's accounts payable?
Over 5 years (2020 to 2025), Texas Pacific Land's accounts payable has grown at a 21.9% compound annual growth rate (CAGR), from $14.68M to $39.58M.
What does accounts payable mean?
The total amount of money the company owes to its suppliers for items it has already received.