Valero Energy Sales taxes payable decreased by 8.0% to $1.43B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.8%, from $1.30B to $1.43B. Over 5 years (FY 2020 to FY 2025), Sales taxes payable shows an upward trend with a 2.5% CAGR.
Increases generally correlate with higher sales volumes or changes in tax collection timing.
Sales taxes payable represents the amount of sales tax collected from customers on behalf of government authorities that...
Standard for any retail business collecting sales tax.
sales_taxes_payable| Q2 '21 | Q3 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.54B | $1.55B | $1.46B | $1.48B | $1.60B | $1.31B | $1.57B | $1.57B | $1.49B | $1.42B | $1.45B | $1.35B | $1.49B | $1.40B | $1.36B | $1.30B | $1.45B | $1.41B | $1.55B | $1.43B |
| QoQ Change | — | +0.7% | -5.6% | +1.4% | +7.9% | -18.0% | +19.6% | +0.4% | -5.3% | -4.8% | +2.3% | -6.8% | +10.1% | -6.0% | -2.9% | -4.5% | +11.7% | -2.8% | +9.9% | -8.0% |
| YoY Change | — | — | — | — | +4.0% | -15.3% | +7.3% | +6.2% | -6.8% | +8.2% | -7.4% | -14.0% | -0.1% | -1.3% | -6.3% | -4.0% | -2.6% | +0.8% | +14.0% | +9.8% |