GARMIN LTD Accounts Payable 2008-2026 | GRMN
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What is accounts payable?
Accounts payable represents money the company owes to suppliers for goods or services received but not yet paid for.
What is GARMIN LTD's current accounts payable?
GARMIN LTD (GRMN) annual accounts payable for 2025 was $347.5M, a 3.30% decline from 2024. GARMIN LTD accounts payable for the quarter ending March 28, 2026 was $344.7M.
What was GARMIN LTD's accounts payable in 2024?
GARMIN LTD annual accounts payable for 2024 was $359.4M, a 41.60% increase from 2023.
What was GARMIN LTD's accounts payable in 2023?
GARMIN LTD annual accounts payable for 2023 was $253.8M, a 19.48% increase from 2022.
What is GARMIN LTD's 5-year accounts payable CAGR?
GARMIN LTD accounts payable grew at a compound annual growth rate (CAGR) of 6.06% from FY2020 to FY2025, going from $258.9M to $347.5M over 5 years.
Accounts Payable History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+6.1%
FY2020
$258.9M
→
FY2025
$347.5M
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5 years selected
Accounts Payable History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $347.5M | -3.3% | 10-K |
| FY2024 | $359.4M | +41.6% | 10-K |
| FY2023 | $253.8M | +19.5% | 10-K |
| FY2022 | $212.4M | -42.6% | 10-K |
| FY2021 | $370.0M | +42.9% | 10-K |
| FY2020 | $258.9M | +7.5% | 10-K |
| FY2019 | $240.8M | +17.5% | 10-K |
| FY2018 | $205.0M | +20.8% | 10-K |
| FY2017 | $169.6M | -1.6% | 10-K |
| FY2016 | $172.4M | -3.6% | 10-K |
| FY2015 | $178.9M | +20.0% | 10-K |
| FY2014 | $149.1M | +1.7% | 10-K |
| FY2013 | $146.6M | +11.7% | 10-K |
| FY2012 | $131.3M | -20.0% | 10-K |
| FY2011 | $164.0M | +23.9% | 10-K |
| FY2010 | $132.3M | -34.9% | 10-K |
| FY2009 | $203.4M | +27.0% | 10-K |
| FY2008 | $160.1M | - | 10-K |
Company: GARMIN LTDTicker: GRMNSector: OtherIndustry: Search, Detection, Navigation, Guidance, Aeronautical SysView company profile →