Gates Industrial (GTES) Change in Account Payables (2017 - 2026)
Gates Industrial's (GTES) quarterly Change in Account Payables came in at -$34.1 million in Q1 2026, down 1200.0% year-on-year from $3.1 million in Q1 2025, and down 175.44% on a QoQ basis 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.
- On a quarterly basis, Change in Account Payables fell 1200.0% year-over-year to -$34.1 million in Q1 2026; TTM through Mar 2026 was -$32.9 million, a 36.51% decrease from a year earlier, with the FY2025 full-year figure at $4.3 million, up 115.58% from the prior year.
- Change in Account Payables for Q1 2026 stood at -$34.1 million, down from $45.2 million in the prior quarter.
- Over the last five years, Change in Account Payables for GTES reached as high as $133.0 million in Q1 2022 and fell as low as -$34.1 million in Q1 2026.
- Historically, Change in Account Payables has averaged $2.3 million across 5 years, with a median of -$2.7 million in 2024.
- Across the five-year window, Change in Account Payables soared 1838.46% in 2025 and plunged 1200.0% in 2026, its largest moves.
- Year by year, Change in Account Payables stood at $1.4 million in 2022, then jumped by 371.43% to $6.6 million in 2023, then sank by 139.39% to -$2.6 million in 2024, then surged by 1838.46% to $45.2 million in 2025, then sank by 175.44% to -$34.1 million in 2026.
- Per Business Quant data, the three most recent Change in Account Payables figures were -$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 | 270.93 Bn | 257.81 Bn | 2.36 Bn | - |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | - |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 250.00 Mn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 629.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 119.00 Mn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 91.00 Mn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | - |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 44.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | -133.50 Mn |
| 10 | Gates Industrial | 6.83 Bn | 6.05 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 |