Coupang (CPNG) Change in Account Payables (2020 - 2026)
Coupang (CPNG) reported Change in Account Payables of $425 million for Q3 2026, down 24.8% from $565 million a year earlier and down 9.0% from the prior quarter.
Coupang (CPNG) Change in Account Payables (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Coupang's Change in Account Payables came in at $525 million, down 53.6% year-over-year; for FY2025, it was $515 million, up 1.6% from FY2024.
- Change in Account Payables has a five-year compound annual growth rate of -13.5% (FY2020 to FY2025).
- By year, Change in Account Payables came in at $507 million in FY2024 (-66.5%), $1.51 billion in FY2023 (+241.0%), $444 million in FY2022 (-39.0%) and $728 million in FY2021 (-31.7%).
- Five-year quarterly Change in Account Payables spans a low of -$420 million in Q4 2025 and a high of $656 million in Q3 2023.
- Year over year, Change in Account Payables gained in 1 of the last five quarters, with an average decline of 11.7%.
- The high point for year-over-year Change in Account Payables in five years was Q1 2023 (growth of 477.7%); the low point was Q1 2022 (a decline of 83.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $467 million (Q2 2026), $53 million (Q1 2026) and -$420 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,803.87 Bn | 2,300.54 Bn | 107.37 Bn | 1.50 Bn |
| 2 | Home Depot | 341.42 Bn | 334.67 Bn | 16.12 Bn | - |
| 3 | Tjx Companies | 149.33 Bn | 126.87 Bn | 5.07 Bn | 188.00 Mn |
| 4 | Lowes Companies | 125.87 Bn | 118.84 Bn | 8.58 Bn | -899.00 Mn |
| 5 | O Reilly Automotive | 74.24 Bn | 73.33 Bn | 2.52 Bn | 149.28 Mn |
| 6 | Ross Stores | 73.45 Bn | 56.37 Bn | 2.12 Bn | -35.81 Mn |
| 7 | Target | 71.89 Bn | 66.48 Bn | 8.94 Bn | 1.17 Bn |
| 8 | Carvana | 53.03 Bn | 42.62 Bn | 1.52 Bn | - |
| 9 | Autozone | 52.99 Bn | 51.84 Bn | 3.52 Bn | - |
| 10 | Coupang | 29.20 Bn | 5.03 Bn | 2.56 Bn | 425.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 425.00 Mn |
| Jun 30, 2026 | 467.00 Mn |
| Mar 31, 2026 | 53.00 Mn |
| Dec 31, 2025 | -420.00 Mn |
| Sep 30, 2025 | 565.00 Mn |
| Jun 30, 2025 | 259.00 Mn |
| Mar 31, 2025 | 111.00 Mn |
| Dec 31, 2024 | 197.00 Mn |
| Sep 30, 2024 | -41.00 Mn |
| Jun 30, 2024 | 382.00 Mn |
| Mar 31, 2024 | -31.00 Mn |
| Dec 31, 2023 | 279.00 Mn |
| Sep 30, 2023 | 656.00 Mn |
| Jun 30, 2023 | 417.00 Mn |
| Mar 31, 2023 | 162.00 Mn |
| Dec 31, 2022 | 280.49 Mn |
| Sep 30, 2022 | -27.07 Mn |
| Jun 30, 2022 | 162.53 Mn |
| Mar 31, 2022 | 28.04 Mn |
| Dec 31, 2021 | 166.47 Mn |
Coupang Change in Account 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=change-in-account-payables&ticker=CPNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-account-payables", "ticker": "CPNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-account-payables&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();