Mind Technology (MIND) Payables (2011 - 2026)
Mind Technology's Payables came in at $607,000 for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 48.5% from $1.18 million a year earlier and down 59.5% from the prior quarter.
Mind Technology (MIND) Payables (2011 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Mind Technology's Payables was $1.21 million, down 52.5% from FY2025.
- Payables carries a five-year compound annual growth rate of -6.6% (FY2021 to FY2026).
- Going back by fiscal year, Payables was $2.56 million in FY2025 (+57.6%), $1.62 million in FY2024 (-34.9%), $2.49 million in FY2023 (+21.9%) and $2.05 million in FY2022 (+20.1%).
- The fiscal Q2 2027 figure represents the lowest quarterly Payables in data going back to fiscal Q4 2011.
- Year-over-year, Payables has declined for five consecutive quarters, with an average decline of 6.6% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in fiscal Q2 2024 (growth of 135.9%), and the weakest in fiscal Q2 2026 (a decline of 73.1%).
- Business Quant data shows MIND's Payables at $1.5 million (Q1 2027), $1.21 million (Q4 2026) and $1.7 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 16.11 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 4.32 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 14.11 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 7.51 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 2.44 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 2.47 Bn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 1.61 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 3.11 Bn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 1.09 Bn |
| 10 | Mind Technology | 39.26 Mn | -32.74 Mn | 2.09 Mn | 607,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 607,000.00 |
| 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 |
Mind Technology 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=payables&ticker=MIND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "MIND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();