Growth Metrics

Garmin (GRMN) Accounts Payables: 2009-2025

Historic Accounts Payables for Garmin (GRMN) over the last 13 years, with Sep 2025 value amounting to $378.0 million.

  • Garmin's Accounts Payables rose 1.07% to $378.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $378.0 million, marking a year-over-year increase of 1.07%. This contributed to the annual value of $359.4 million for FY2024, which is 41.60% up from last year.
  • Per Garmin's latest filing, its Accounts Payables stood at $378.0 million for Q3 2025, which was down 4.85% from $397.3 million recorded in Q2 2025.
  • Garmin's Accounts Payables' 5-year high stood at $397.3 million during Q2 2025, with a 5-year trough of $208.8 million in Q2 2023.
  • In the last 3 years, Garmin's Accounts Payables had a median value of $331.9 million in 2024 and averaged $310.3 million.
  • Per our database at Business Quant, Garmin's Accounts Payables soared by 57.31% in 2021 and then tumbled by 42.60% in 2022.
  • Garmin's Accounts Payables (Quarterly) stood at $370.0 million in 2021, then tumbled by 42.60% to $212.4 million in 2022, then rose by 19.48% to $253.8 million in 2023, then spiked by 41.60% to $359.4 million in 2024, then rose by 1.07% to $378.0 million in 2025.
  • Its Accounts Payables stands at $378.0 million for Q3 2025, versus $397.3 million for Q2 2025 and $344.8 million for Q1 2025.