Garmin (GRMN) Change in Account Payables (2009 - 2026)
Garmin's Change in Account Payables came in at $56.14 million for Q2 2026, up 459.3% from $10.04 million a year earlier.
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Analysis
Garmin (GRMN) Change in Account Payables (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 27, 2026, Garmin reported Change in Account Payables of $31.62 million, up 21.7% year-over-year; for FY2025, it came in at -$30.52 million.
- Going back by year, Change in Account Payables was $120.64 million in FY2024 (+323.2%), $28.5 million in FY2023, -$131.27 million in FY2022 and $108.95 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Change in Account Payables since Q2 2024.
- The fastest year-over-year change in Change in Account Payables over five years came in Q2 2026 (growth of 459.3%), and the weakest in Q2 2025 (a decline of 89.2%).
- Business Quant data shows GRMN's Change in Account Payables at $3.41 million (Q1 2026), -$22.99 million (Q4 2025) and -$4.94 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,094.46 Bn | 4,841.95 Bn | 54.77 Bn | 7.09 Bn |
| 2 | Cisco Systems | 415.82 Bn | 351.75 Bn | 11.06 Bn | 398.00 Mn |
| 3 | Dell Technologies | 290.96 Bn | 246.72 Bn | 9.83 Bn | 4.54 Bn |
| 4 | Arista Networks | 216.33 Bn | 169.79 Bn | 1.91 Bn | 76.50 Mn |
| 5 | Sandisk | 186.25 Bn | 174.78 Bn | 7.58 Bn | 73.00 Mn |
| 6 | Sony | 156.84 Bn | 94.10 Bn | 6.53 Bn | 119.55 Mn |
| 7 | Seagate Technology Holdings | 140.29 Bn | 135.28 Bn | 1.90 Bn | -23.00 Mn |
| 8 | Western Digital | 121.85 Bn | 109.98 Bn | 2.03 Bn | 96.00 Mn |
| 9 | Hewlett Packard Enterprise | 74.03 Bn | 51.91 Bn | 4.93 Bn | 2.31 Bn |
| 10 | Garmin | 57.30 Bn | 46.66 Bn | 1.26 Bn | 56.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 56.14 Mn |
| Mar 28, 2026 | 3.41 Mn |
| Dec 27, 2025 | -22.99 Mn |
| Sep 27, 2025 | -4.94 Mn |
| Jun 28, 2025 | 10.04 Mn |
| Mar 29, 2025 | -12.63 Mn |
| Dec 28, 2024 | -3.68 Mn |
| Sep 28, 2024 | 32.25 Mn |
| Jun 29, 2024 | 93.35 Mn |
| Mar 30, 2024 | -1.28 Mn |
| Dec 30, 2023 | -26.84 Mn |
| Sep 30, 2023 | 10.13 Mn |
| Jul 1, 2023 | 49.41 Mn |
| Apr 1, 2023 | -4.20 Mn |
| Dec 31, 2022 | -67.07 Mn |
| Sep 24, 2022 | -34.37 Mn |
| Jun 25, 2022 | 32.11 Mn |
| Mar 26, 2022 | -61.94 Mn |
| Dec 25, 2021 | 51.34 Mn |
| Sep 25, 2021 | 13.46 Mn |
API Access
Garmin 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=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-account-payables", "ticker": "GRMN", "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=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();