Germany non-financial corporate other accounts payable
Germany non-financial corporate other accounts payable stood at 1,999.7 EUR billion in Q1 2026, according to Deutsche Bundesbank. It is one of the indicators in the Non-financial corporations' financial accounts table (Value · Quarterly), with a complete series running from Q1 1999 to Q1 2026. The complete series with an interactive chart, free to download.
This indicator in the Non-financial corporations' financial accounts table
| Indicator | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Other accounts receivable/payable2 | 1,999.7 | 1,993.2 | 1,937 | 1,919 | 1,891.2 | 1,902.7 | 1,888.4 | 1,841.6 | 1,822.1 | 1,824.2 | |
| Trade credits and advances | 1,430.5 | 1,418.8 | 1,411.5 | 1,404.2 | 1,399.8 | 1,393.8 | 1,377.4 | 1,373 | 1,363.4 | 1,349.6 | |
| Other accounts receivable/payable, excluding trade credits and advances | 569.2 | 574.3 | 525.4 | 514.8 | 491.4 | 508.9 | 510.9 | 468.6 | 458.6 | 474.6 |
Understanding germany non-financial corporate other accounts payable
Commercial payment obligations and short-term operational payables arising from ordinary business delivery timing discrepancies constitute this liability measure. The predominant element is commercial trade credit owed to suppliers for delivered materials and services, accompanied by customer advance payments and accrued expenses for taxes, social contributions, and wages. The series excludes contractual bank loans, marketable debt securities, and equity liabilities. Unlike financial market debt raised to fund investments, other accounts payable represent short-term commercial obligations that arise directly from the regular purchasing and operational cycles of business enterprises.
Seasonal operational expenditure schedules and supplier billing rhythms generate clear quarterly patterns across this trade payables series. Corporate trade payables routinely expand during periods of active inventory accumulation and contract execution, then contract when quarterly settlements, annual bonuses, and supplier invoices are cleared. Period-on-period movements reflect these operational rhythms, making year-on-year comparisons far more reliable for assessing long-term supplier financing developments. Preliminary quarterly estimates undergo regular revisions as annual corporate financial statements and tax filings provide complete data. Analysts must not conflate commercial trade payables with financial indebtedness, since supplier credit represents operational payment timing rather than formal credit market leverage.
Frequently asked questions
- What constitutes the largest portion of other accounts payable?
- Commercial trade credit owed to suppliers for goods and services delivered on payment terms constitutes the vast majority of this liability category.
- Does this series include accrued tax liabilities and unpaid wages?
- Yes, it includes accrued statutory payments such as corporate taxes, social security dues, and wages that have been incurred but not yet settled.
- How does trade credit differ from short-term bank borrowing?
- Trade credit arises directly from commercial transactions between trading partners without formal loan agreements or interest charges, unlike bank credit facilities.