GDS Holdings (GDS) Accounts Payables (2015 - 2025)

GDS Holdings' (GDS) quarterly Accounts Payables came in at $272.4 million in Q4 2025, up 330.89% year-on-year from $63.2 million in Q4 2024, and up 286.9% quarter-over-quarter from $70.4 million in Q1 2025.

GDS Holdings (GDS) Accounts Payables (2015 - 2025) Analysis & Trends

GDS Holdings' Accounts Payables history runs 11 years deep, the most recent figure standing at $272.4 million for Q4 2025.

  • On a quarterly basis, Accounts Payables rose 330.89% year-over-year to $272.4 million in Q4 2025; TTM through Dec 2025 was $272.4 million, a 330.89% increase from a year earlier, with the FY2025 full-year figure at $268.9 million, down 99.92% from the prior year.
  • Accounts Payables rose to $272.4 million in Q4 2025 per GDS's latest filing, from $70.4 million in the prior quarter.
  • Across five years, Accounts Payables topped out at $598.4 million in Q3 2021 and bottomed at $41.9 million in Q4 2021.
  • The 5-year median for Accounts Payables is $434.9 million (2022), against an average of $366.7 million.
  • Across the five-year window, Accounts Payables surged 938.58% in 2022 and sank 84.88% in 2025, its largest moves.
  • Year by year, Accounts Payables stood at $41.9 million in 2021, then jumped by 938.58% to $434.9 million in 2022, then decreased by 12.18% to $381.9 million in 2023, then sank by 83.45% to $63.2 million in 2024, then surged by 330.89% to $272.4 million in 2025.
  • Per Business Quant, the three latest GDS Accounts Payables figures stand at $272.4 million (Q4 2025), $70.4 million (Q1 2025), and $63.2 million (Q4 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Accounts Payables (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 4.40 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 3.18 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn -
5 Cgi 41.25 Bn 40.60 Bn - 743.56 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 2.45 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 363.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 995.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 1.14 Bn
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn 4.56 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 272.42 Mn
Mar 31, 2025 70.41 Mn
Dec 31, 2024 63.22 Mn
Mar 31, 2024 465.82 Mn
Dec 31, 2023 381.93 Mn
Dec 31, 2022 434.87 Mn
Mar 31, 2022 592.81 Mn
Dec 31, 2021 41.87 Mn
Sep 30, 2021 598.39 Mn
Jun 30, 2021 586.74 Mn
Mar 31, 2021 525.29 Mn
Dec 31, 2020 20.72 Mn
Sep 30, 2020 505.36 Mn
Jun 30, 2020 407.74 Mn
Mar 31, 2020 183.71 Mn
Dec 31, 2019 237.79 Mn
Sep 30, 2019 236.70 Mn
Jun 30, 2019 257.83 Mn
Mar 31, 2019 228.28 Mn
Dec 31, 2018 218.10 Mn