Gates Industrial (GTES) Change in Account Payables (2017 - 2026)
Gates Industrial (GTES) reported Change in Account Payables of -$34.1 million for Q1 2026, down 1200.0% year-over-year from $3.1 million in Q1 2025, and down 175.44% quarter-over-quarter from $45.2 million in Q4 2025.
Gates Industrial (GTES) Change in Account Payables (2017 - 2026) Analysis & Trends
Gates Industrial (GTES) has 10 years of Change in Account Payables data on file, last reported at -$34.1 million in Q1 2026.
- Change in Account Payables for Q1 2026 came in at -$34.1 million, down 1200.0% year-over-year; the trailing twelve-month figure through Mar 2026 was -$32.9 million (down 36.51% YoY), and the FY2025 annual result was $4.3 million, up 115.58% from the prior year.
- Change in Account Payables eased to -$34.1 million in Q1 2026 per GTES's latest filing, from $45.2 million in the prior quarter.
- Over five years, Change in Account Payables peaked at $133.0 million in Q1 2022 and troughed at -$34.1 million in Q1 2026.
- A 5-year average of $2.3 million and a median of -$2.7 million in 2024 frame the typical range for Change in Account Payables.
- The sharpest annual moves came in 2025 and 2026: Change in Account Payables surged 1838.46% in 2025, then slumped 1200.0% in 2026.
- A 5-year view of Change in Account Payables shows it stood at $1.4 million in 2022, then jumped by 371.43% to $6.6 million in 2023, then plunged by 139.39% to -$2.6 million in 2024, then surged by 1838.46% to $45.2 million in 2025, then plunged by 175.44% to -$34.1 million in 2026.
- Business Quant data shows GTES's Change in Account Payables at -$34.1 million in Q1 2026, $45.2 million in Q4 2025, and -$24.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | - |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | - |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 250.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 629.00 Mn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 119.00 Mn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 91.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | - |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 44.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 107.98 Mn |
| 10 | Gates Industrial | 6.51 Bn | 6.08 Bn | 338.00 Mn | -34.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | -34.10 Mn |
| Mar 28, 2026 | -34.10 Mn |
| Dec 31, 2025 | 45.20 Mn |
| Dec 31, 2025 | 45.20 Mn |
| Sep 27, 2025 | -24.20 Mn |
| Sep 27, 2025 | -24.20 Mn |
| Jun 28, 2025 | -19.80 Mn |
| Jun 28, 2025 | -19.80 Mn |
| Mar 29, 2025 | 3.10 Mn |
| Mar 29, 2025 | 3.10 Mn |
| Dec 28, 2024 | -2.60 Mn |
| Dec 28, 2024 | -2.60 Mn |
| Sep 28, 2024 | -21.80 Mn |
| Sep 28, 2024 | -21.80 Mn |
| Jun 29, 2024 | -2.80 Mn |
| Jun 29, 2024 | -2.80 Mn |
| Mar 30, 2024 | -400,000.00 |
| Mar 30, 2024 | -400,000.00 |
| Dec 30, 2023 | 6.60 Mn |
| Dec 30, 2023 | 6.60 Mn |