01—History
Accounts Payable History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $347.5M
02—Ledger
Accounts Payable, period by period
| Period | Scale | 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 |
03—Questions
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.
- Company
- GARMIN LTD
- Ticker
- GRMN
- Sector
- Other
- Industry
- Search, Detection, Navigation, Guidance, Aeronautical Sys