Co-Diagnostics (CODX) Payables (2016 - 2026)
Co-Diagnostics (CODX) recorded Payables of $1.65 million in Q3 2026, down 25.2% from $2.2 million a year earlier and down 11.6% from the prior quarter.
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Analysis
Co-Diagnostics (CODX) Payables (2016 - 2026) Analysis & Trends
At the end of FY2025, Co-Diagnostics reported Payables of $2.54 million, down 39.7% from FY2024.
- Annual Payables has a five-year compound annual growth rate of 33.5% (FY2020 to FY2025).
- Across earlier years, Payables came in at $4.21 million in FY2024 (+81.4%), $2.32 million in FY2023 (+85.7%), $1.25 million in FY2022 (+105.7%) and $607,506 in FY2021 (+1.5%).
- The Q3 2026 figure is the lowest quarterly Payables since Q1 2023.
- On a year-over-year basis, Payables has declined for six consecutive quarters, with an average decline of 5.2% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 193.6% in Q3 2022, against a decline of 39.7% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.86 million (Q2 2026), $2.88 million (Q1 2026) and $2.54 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 3.09 Bn |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 5.75 Bn |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 1.74 Bn |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 279.50 Mn |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 2.70 Bn |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 1.97 Bn |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 1.25 Bn |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 199.70 Mn |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 1.21 Bn |
| 10 | Co-Diagnostics | 1.90 Mn | -22.58 Mn | -20,463.00 | 1.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.65 Mn |
| Jun 30, 2026 | 1.86 Mn |
| Mar 31, 2026 | 2.88 Mn |
| Dec 31, 2025 | 2.54 Mn |
| Sep 30, 2025 | 2.20 Mn |
| Jun 30, 2025 | 2.46 Mn |
| Mar 31, 2025 | 3.62 Mn |
| Dec 31, 2024 | 4.21 Mn |
| Sep 30, 2024 | 3.07 Mn |
| Jun 30, 2024 | 2.74 Mn |
| Mar 31, 2024 | 2.89 Mn |
| Dec 31, 2023 | 2.32 Mn |
| Sep 30, 2023 | 2.21 Mn |
| Jun 30, 2023 | 2.48 Mn |
| Mar 31, 2023 | 1.11 Mn |
| Dec 31, 2022 | 1.25 Mn |
| Sep 30, 2022 | 2.35 Mn |
| Jun 30, 2022 | 1.14 Mn |
| Mar 31, 2022 | 1.50 Mn |
| Dec 31, 2021 | 607,506.00 |
API Access
Co-Diagnostics Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=CODX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "CODX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=CODX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();