Mind Technology (MIND) Payables (2011 - 2026)
Mind Technology's (MIND) quarterly Payables came in at $1.5 million in Q2 2026, down 25.46% year-over-year from $2.0 million in Q2 2025, and up 23.48% quarter-over-quarter from $1.2 million in Q1 2026.
Analysis
Mind Technology (MIND) Payables (2011 - 2026) Analysis & Trends
Mind Technology (MIND) has reported Payables for 16 consecutive years, with $1.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payables fell 25.46% year-over-year to $1.5 million in Q2 2026; TTM through Apr 2026 was $1.5 million, a 25.46% decrease from a year earlier, with the FY2026 full-year figure at $1.2 million, down 52.54% from the prior year.
- Payables was $1.5 million for Q2 2026 at Mind Technology, up from $1.2 million in the prior quarter.
- Over five years, Payables peaked at $5.8 million in Q3 2023 and troughed at $1.1 million in Q4 2023.
- A 5-year average of $2.5 million and a median of $2.1 million in 2022 frame the typical range for Payables.
- Across the five-year window, Payables soared 135.85% in 2023 and tumbled 73.13% in 2025, its largest moves.
- Over 5 years, Payables stood at $4.2 million in 2022, then sank by 73.11% to $1.1 million in 2023, then surged by 93.35% to $2.2 million in 2024, then declined by 22.07% to $1.7 million in 2025, then slipped by 11.72% to $1.5 million in 2026.
- The last three Payables figures came in at $1.5 million (Q2 2026), $1.2 million (Q1 2026), and $1.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.55 Bn | 81.22 Bn | 2.68 Bn | 3.11 Bn |
| 2 | Illinois Tool Works | 75.64 Bn | 74.80 Bn | 1.90 Bn | 1.09 Bn |
| 3 | Ametek | 53.51 Bn | 53.01 Bn | 735.04 Mn | 647.16 Mn |
| 4 | Rockwell Automation | 46.59 Bn | 46.12 Bn | 1.14 Bn | 1.62 Bn |
| 5 | Mettler Toledo International | 25.79 Bn | 25.74 Bn | 650.22 Mn | 229.80 Mn |
| 6 | Dover | 25.22 Bn | 23.46 Bn | 880.61 Mn | 1.64 Bn |
| 7 | Nordson | 17.10 Bn | 16.99 Bn | 453.73 Mn | 346.63 Mn |
| 8 | Fortive | 16.50 Bn | 16.12 Bn | 695.30 Mn | 427.90 Mn |
| 9 | RBC Bearings | 15.00 Bn | 14.88 Bn | 247.80 Mn | 149.90 Mn |
| 10 | Mind Technology | 35.22 Mn | 17.52 Mn | 4.10 Mn | 1.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 1.50 Mn |
| Jan 31, 2026 | 1.21 Mn |
| Oct 31, 2025 | 1.70 Mn |
| Jul 31, 2025 | 1.18 Mn |
| Apr 30, 2025 | 2.01 Mn |
| Jan 31, 2025 | 2.56 Mn |
| Oct 31, 2024 | 2.18 Mn |
| Jul 31, 2024 | 4.39 Mn |
| Apr 30, 2024 | 1.70 Mn |
| Jan 31, 2024 | 1.62 Mn |
| Oct 31, 2023 | 1.13 Mn |
| Jul 31, 2023 | 5.80 Mn |
| Apr 30, 2023 | 4.35 Mn |
| Jan 31, 2023 | 2.49 Mn |
| Oct 31, 2022 | 4.19 Mn |
| Jul 31, 2022 | 2.46 Mn |
| Apr 30, 2022 | 2.08 Mn |
| Jan 31, 2022 | 2.05 Mn |
| Oct 31, 2021 | 3.19 Mn |
| Jul 31, 2021 | 2.15 Mn |