Standard Motor Products, Inc. Accounts Payable

Accounts Payable of SMP for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accounts Payable growth rates and interactive chart. Accounts payable (AP) represents a company's obligation to pay off a short-term debt to its creditors or suppliers. Accounts payable are amounts due to vendors or suppliers for goods or services received that have not yet been paid for. The sum of all outstanding amounts owed to vendors is shown as the accounts payable balance on the company's balance sheet. The increase or decrease in total AP from the prior period appears on the cash flow statement.

Highlights and Quick Summary

  • Accounts Payable for the quarter ending March 31, 2022 was $139 Million (a 1.62% increase compared to previous quarter)
  • Year-over-year quarterly Accounts Payable increased by 16.52%
  • Annual Accounts Payable for 2021 was $137 Million (a 37.0% increase from previous year)
  • Annual Accounts Payable for 2020 was $100 Million (a 7.53% increase from previous year)
  • Annual Accounts Payable for 2019 was $93 Million (a -1.06% decrease from previous year)
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Historical Accounts Payable of Standard Motor Products, Inc.

Most recent Accounts Payableof SMP including historical data for past 10 years.

Interactive Chart of Accounts Payable of Standard Motor Products, Inc.

Standard Motor Products, Inc. Accounts Payable for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2022 $139.39
2021 $137.17 $128.81 $119.63 $108.54 $137.0
2020 $100.02 $79.26 $72.13 $81.27 $100.0
2019 $92.54 $71.14 $89.15 $96.88 $93.0
2018 $94.36 $84.03 $94.99 $90.72 $94.0
2017 $77.99 $86.28 $104.07 $101.99 $78.0
2016 $83.88 $88.17 $99.16 $86.23 $83.88
2015 $72.71 $78.41 $88.94 $76.89 $72.71
2014 $70.67 $71.65 $90.11 $81.73 $70.67
2013 $71.47 $65.17 $90.16 $84.55 $71.47
2012 $62.28 $67.34 $81.26 $72.45 $62.28
2011 $50.88 $68.06 $74.42 $50.88

Business Profile of Standard Motor Products, Inc.

Sector: Consumer Cyclical
Industry: Auto Parts
Standard Motor Products, Inc. manufactures and distributes replacement parts that are used in the maintenance, repair, and service of vehicles in the automotive aftermarket industry with a complementary focus on specialized original equipment parts for manufacturers across agriculture, heavy duty, and construction equipment industries. The company's Engine Management segment provides electronic ignition control modules, camshaft and crankshaft position sensors, ignition wires and coils, switches and relays, exhaust gas recirculation valves, pressure and temperature sensors, variable valve timing components, mass airflow and fuel pressure sensors, electronic throttle bodies, and diesel injectors and pumps; and anti-lock brake, vehicle speed, tire pressure monitoring, and park assist sensors. This segment offers its products under the Standard, Blue Streak, BWD, Intermotor, OEM, SMP Blue Streak Canada, GP Sorensen, Locksmart, Standard Motorcycle, and Blue Streak Race Wires brands. Its Temperature Control segment provides components for the temperature control systems, engine cooling systems, power window accessories, and windshield washer systems of motor vehicles under the Four Seasons, ACI, Hayden, Factory Air, and Maxair brands. Its products include air conditioning compressors and repair kits, clutch assemblies, blower and radiator fan motors, filter dryers, evaporators, accumulators, actuators, hose assemblies, thermal expansion devices, heater valves, heater cores, A/C service tools and chemicals, fan assemblies, fan clutches, oil coolers, window lift motors, window regulators and assemblies, and windshield washer pumps. The company serves primarily automotive aftermarket retailers, warehouse distributors, original equipment manufacturers, and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico, and other Latin American countries. The company was founded in 1919 and is headquartered in Long Island City, New York.