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Garmin (GRMN) Accounts Payables: 2009-2024

Historic Accounts Payables for Garmin (GRMN) over the last 14 years, with Dec 2024 value amounting to $359.4 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.
  • According to the latest figures from FY2024, Garmin's Accounts Payables is $359.4 million, which was up 41.60% from $253.8 million recorded in FY2023.
  • Garmin's Accounts Payables' 5-year high stood at $370.0 million during FY2021, with a 5-year trough of $212.4 million in FY2022.
  • Its 3-year average for Accounts Payables is $275.2 million, with a median of $253.8 million in 2023.
  • In the last 5 years, Garmin's Accounts Payables soared by 42.94% in 2021 and then plummeted by 42.60% in 2022.
  • Yearly analysis of 5 years shows Garmin's Accounts Payables stood at $258.9 million in 2020, then surged by 42.94% to $370.0 million in 2021, then slumped by 42.60% to $212.4 million in 2022, then climbed by 19.48% to $253.8 million in 2023, then spiked by 41.60% to $359.4 million in 2024.