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Change in AP at other companies

McDonald's logo
McDonald'sMCD
$25M+1,100%
Domino's Pizza logo
Domino's PizzaDPZ
$13.41M+625%
Restaurant Brands International logo
Restaurant Brands InternationalQSR
-$42M+17.6%
Yum! Brands logo
Yum! BrandsYUM
-$75M-134%
Darden Restaurants logo
Darden RestaurantsDRI
-$11M-339%

Other financials

Income statement

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Revenue$3.3B+9.7%
Operating income$447.0M+12.0%
Net income$309.0M+5.8%
EPS (diluted)$0.87+13.0%

Balance sheet

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Cash & equivalents$473.0M-42.7%
Total debt$2.3B-2.3%
Total equity$5.4B-6.1%
Total assets$10.8B-1.5%

Cash flow

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Operating cash flow$550.0M+21.7%
CapEx$144.0M+5.1%
Free cash flow$406.0M+28.9%

Valuation

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Market cap$14.87B-12.2%
Enterprise value$16.72B-9.9%
P/E15.7×-2.8×
P/S1.2×-0.3×

Profitability

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Gross margin24.4%
Operating margin11.1%+0.6pp
Net margin7.8%-0.3pp
FCF margin8.3%+1.8pp

Returns & leverage

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Return on equity16.9%+1.1pp
Debt / equity0.4×0.0×
Current ratio-0.2×

Where this comes from

Reported directly by Yum China Holdings in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities.

The official record: Yum China Holdings’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Yum China Holdings's change in AP?
Yum China Holdings (YUMC) reported change in AP of -$68M in Q1 2026.
How has Yum China Holdings's change in AP changed year-over-year?
Yum China Holdings's change in AP increased by 62.0% year-over-year, from -$179M to -$68M.
What does change in AP mean?
The net change in money owed to suppliers for goods and services.
How do you interpret change in AP?
An increase indicates the company is retaining cash longer by delaying payments, while a decrease suggests faster settlement of obligations.
How does change in AP compare across companies?
Standard working capital metric; peers in the restaurant industry often use payables as a source of interest-free financing.