Ridgetech (RDGT) Accounts Payables (2021 - 2026)
Ridgetech's Accounts Payables was $22.76 million in the quarter ended Mar 31, 2026, up 15.7% from $19.67 million a year earlier.
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Analysis
Ridgetech (RDGT) Accounts Payables (2021 - 2026) Analysis & Trends
From the quarter ended Mar 31, 2021 onward, Ridgetech has reported Accounts Payables for 11 quarters.
- Accounts Payables shows a five-year compound annual growth rate of -5.3% (years ended Mar 2021 to Mar 2026).
- In earlier years, Accounts Payables was $19.67 million in the year ended Mar 31, 2025 (+68.1%), $11.7 million in the year ended Mar 31, 2024 (-56.6%), $26.99 million in the year ended Mar 31, 2023 (-1.2%) and $27.33 million in the year ended Mar 31, 2022 (-8.6%).
- The figure for the quarter ended Mar 31, 2026 marks the highest quarterly Accounts Payables since the quarter ended Sep 30, 2023.
- Compared with a year earlier, Accounts Payables was higher in three of the last four quarters, with growth averaging 47.2%.
- The best year-over-year quarter for Accounts Payables over five years was the quarter ended Sep 30, 2025 (growth of 182.5%); the worst was the quarter ended Sep 30, 2024 (a decline of 77.5%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 378.93 Bn | 257.50 Bn | 36.67 Bn | 39.74 Bn |
| 2 | Mckesson | 122.09 Bn | 105.99 Bn | 3.69 Bn | 63.73 Bn |
| 3 | Cvs Health | 121.23 Bn | 73.64 Bn | 47.23 Bn | 17.17 Bn |
| 4 | Elevance Health | 95.42 Bn | -46.46 Bn | 13.45 Bn | 6.63 Bn |
| 5 | Cigna | 80.67 Bn | 49.92 Bn | 14.97 Bn | 10.41 Bn |
| 6 | Cencora | 66.34 Bn | 55.24 Bn | 3.61 Bn | 54.70 Bn |
| 7 | Cardinal Health | 60.55 Bn | 44.39 Bn | 2.56 Bn | 38.28 Bn |
| 8 | Humana | 51.50 Bn | -36.36 Bn | 5.50 Bn | 7.26 Bn |
| 9 | Centene | 34.97 Bn | -55.38 Bn | 14.55 Bn | 17.97 Bn |
| 10 | Ridgetech | 4.61 Mn | -58.02 Mn | - | 22.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 22.76 Mn |
| Sep 30, 2025 | 21.85 Mn |
| Mar 31, 2025 | 19.67 Mn |
| Sep 30, 2024 | 27.24 Mn |
| Mar 31, 2024 | 30.58 Mn |
| Sep 30, 2023 | 34.40 Mn |
| Mar 31, 2023 | 26.99 Mn |
| Sep 30, 2022 | 29.26 Mn |
| Mar 31, 2022 | 27.33 Mn |
| Sep 30, 2021 | 32.83 Mn |
| Mar 31, 2021 | 29.90 Mn |
API Access
Ridgetech Accounts 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=accounts-payables&ticker=RDGT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "RDGT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=RDGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();