Tecnoglass Holdings (TGLS) Payables (2012 - 2026)
Tecnoglass Holdings (TGLS) recorded Payables of $185.53 million in Q2 2026, up 27.4% from $145.68 million a year earlier and up 18.0% from the prior quarter.
Tecnoglass Holdings (TGLS) Payables (2012 - 2026) Analysis & Trends
At the end of FY2025, Tecnoglass Holdings reported Payables of $133.96 million, up 26.5% from FY2024.
- Annual Payables has a five-year compound annual growth rate of 25.1% (FY2020 to FY2025).
- Across earlier years, Payables came in at $105.92 million in FY2024 (+21.7%), $87.05 million in FY2023 (-7.2%), $93.81 million in FY2022 (+31.7%) and $71.23 million in FY2021 (+63.1%).
- The Q2 2026 figure is the highest quarterly Payables in data going back to Q2 2012.
- On a year-over-year basis, Payables has increased for seven consecutive quarters, with growth averaging 26.1% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 63.1% in Q4 2021, against a decline of 11.3% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $157.21 million (Q1 2026), $133.96 million (Q4 2025) and $132.39 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 3.10 Bn |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | 3.27 Bn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 945.97 Mn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 2.15 Bn |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 561.40 Mn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 862.00 Mn |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 283.20 Mn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 378.20 Mn |
| 10 | Tecnoglass Holdings | 2.02 Bn | 2.45 Bn | 105.97 Mn | 184.51 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 184.51 Mn |
| Jun 30, 2026 | 185.53 Mn |
| Mar 31, 2026 | 157.21 Mn |
| Dec 31, 2025 | 133.96 Mn |
| Sep 30, 2025 | 132.39 Mn |
| Jun 30, 2025 | 145.68 Mn |
| Mar 31, 2025 | 130.35 Mn |
| Dec 31, 2024 | 105.92 Mn |
| Sep 30, 2024 | 104.77 Mn |
| Jun 30, 2024 | 104.77 Mn |
| Mar 31, 2024 | 84.38 Mn |
| Dec 31, 2023 | 87.05 Mn |
| Sep 30, 2023 | 112.58 Mn |
| Jun 30, 2023 | 118.14 Mn |
| Mar 31, 2023 | 90.96 Mn |
| Dec 31, 2022 | 93.81 Mn |
| Sep 30, 2022 | 90.33 Mn |
| Jun 30, 2022 | 92.55 Mn |
| Mar 31, 2022 | 71.20 Mn |
| Dec 31, 2021 | 71.23 Mn |
Tecnoglass Holdings 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=TGLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "TGLS", "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=TGLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();