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Garmin (GRMN) Change in Account Payables: 2009-2024

Historic Change in Account Payables for Garmin (GRMN) over the last 14 years, with Dec 2024 value amounting to $120.6 million.

  • Garmin's Change in Account Payables fell 115.32% to -$4.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$11.2 million, marking a year-over-year decrease of 111.50%. This contributed to the annual value of $120.6 million for FY2024, which is 323.24% up from last year.
  • Per Garmin's latest filing, its Change in Account Payables stood at $120.6 million for FY2024, which was up 323.24% from $28.5 million recorded in FY2023.
  • Garmin's 5-year Change in Account Payables high stood at $120.6 million for FY2024, and its period low was -$131.3 million during FY2022.
  • For the 3-year period, Garmin's Change in Account Payables averaged around $6.0 million, with its median value being $28.5 million (2023).
  • Its Change in Account Payables has fluctuated over the past 5 years, first soared by 7,429.09% in 2021, then slumped by 220.49% in 2022.
  • Yearly analysis of 5 years shows Garmin's Change in Account Payables stood at $1.4 million in 2020, then skyrocketed by 7,429.09% to $108.9 million in 2021, then tumbled by 220.49% to -$131.3 million in 2022, then spiked by 121.71% to $28.5 million in 2023, then spiked by 323.24% to $120.6 million in 2024.