Coupang (CPNG) Change in Account Payables (2020 - 2026)

Coupang (CPNG) recorded quarterly Change in Account Payables of $53.0 million in Q1 2026, up 112.62% on a QoQ basis from -$420.0 million in Q4 2025, and down 52.25% year-over-year from $111.0 million in Q1 2025.

Coupang (CPNG) Change in Account Payables (2020 - 2026) Analysis & Trends

Coupang has disclosed Change in Account Payables across 7 years of filings, most recently posting $53.0 million for Q1 2026.

  • Quarterly Change in Account Payables fell 52.25% year-over-year to $53.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $457.0 million (down 29.58% YoY) and the FY2025 annual result came in at $515.0 million, up 1.58% from the prior year.
  • Change in Account Payables improved to $53.0 million in Q1 2026, from -$420.0 million in the prior quarter.
  • Over five years, Change in Account Payables peaked at $656.0 million in Q3 2023 and troughed at -$420.0 million in Q4 2025.
  • A 5-year average of $178.4 million and a median of $162.5 million in 2022 frame the typical range for Change in Account Payables.
  • Annual changes were most pronounced in 2023 — Change in Account Payables surged 2523.35% — and 2025, when it plunged 313.2%.
  • Tracing CPNG's Change in Account Payables over 5 years: stood at $280.5 million in 2022, then dropped by 0.53% to $279.0 million in 2023, then decreased by 29.39% to $197.0 million in 2024, then sank by 313.2% to -$420.0 million in 2025, then jumped by 112.62% to $53.0 million in 2026.
  • Business Quant data shows CPNG's Change in Account Payables at $53.0 million in Q1 2026, -$420.0 million in Q4 2025, and $565.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn -8.74 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 585.00 Mn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn -123.00 Mn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 153.19 Mn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn -
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 53.00 Mn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn 360,623.00
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn -22.00 Mn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 83.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 53.00 Mn
Mar 31, 2026 53.00 Mn
Dec 31, 2025 -420.00 Mn
Dec 31, 2025 -420.00 Mn
Sep 30, 2025 565.00 Mn
Sep 30, 2025 565.00 Mn
Jun 30, 2025 259.00 Mn
Jun 30, 2025 259.00 Mn
Mar 31, 2025 111.00 Mn
Mar 31, 2025 111.00 Mn
Dec 31, 2024 197.00 Mn
Dec 31, 2024 197.00 Mn
Sep 30, 2024 -41.00 Mn
Sep 30, 2024 -41.00 Mn
Jun 30, 2024 382.00 Mn
Jun 30, 2024 382.00 Mn
Mar 31, 2024 -31.00 Mn
Mar 31, 2024 -31.00 Mn
Dec 31, 2023 279.00 Mn
Dec 31, 2023 279.00 Mn