GDS Holdings (GDS) Accounts Payables (2015 - 2026)
GDS Holdings' Accounts Payables was $352.37 million in the quarter ended Jun 30, 2026, down 6.2% from $375.7 million a year earlier but up 27.1% from the prior quarter.
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Analysis
GDS Holdings (GDS) Accounts Payables (2015 - 2026) Analysis & Trends
As of Dec 31, 2025, Accounts Payables at GDS Holdings came in at $276.3 million, down 22.2% from the prior year.
- Accounts Payables shows a five-year compound annual growth rate of -13.2% (years ended Dec 2020 to Dec 2025).
- In earlier years, Accounts Payables was $355.28 million in the year ended Dec 31, 2024 (-26.4%), $482.39 million in the year ended Dec 31, 2023 (+7.6%), $448.43 million in the year ended Dec 31, 2022 (-26.8%) and $612.28 million in the year ended Dec 31, 2021 (+9.2%).
- Quarterly Accounts Payables has moved between $269.03 million (the quarter ended Sep 30, 2025) and $610.28 million (the quarter ended Dec 31, 2021) over five years.
- Compared with a year earlier, Accounts Payables has declined for seven straight quarters, with an average decline of 13.5% over the last eight quarters.
- The best year-over-year quarter for Accounts Payables over five years was the quarter ended Sep 30, 2024 (growth of 29.5%); the worst was the quarter ended Sep 30, 2025 (a decline of 48.1%).
- Per Business Quant data, GDS's Accounts Payables in the three quarters before the quarter ended Jun 30, 2026 was $277.17 million (quarter ended Mar 31, 2026), $272.42 million (quarter ended Dec 31, 2025) and $269.03 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,960.03 Bn | 3,883.19 Bn | 60.48 Bn | 42.42 Bn |
| 2 | International Business Machines | 235.53 Bn | 186.34 Bn | 9.91 Bn | 4.40 Bn |
| 3 | Cloudflare | 108.82 Bn | 92.35 Bn | 499.52 Mn | 127.03 Mn |
| 4 | Equinix | 98.02 Bn | 86.58 Bn | 1.40 Bn | 1.26 Bn |
| 5 | Nebius | 41.68 Bn | 15.11 Bn | 448.70 Mn | 1.30 Bn |
| 6 | CoreWeave | 34.12 Bn | 21.21 Bn | 1.70 Bn | 3.63 Bn |
| 7 | Verisign | 27.89 Bn | 25.10 Bn | 384.60 Mn | 265.00 Mn |
| 8 | Nutanix | 18.85 Bn | 10.53 Bn | 651.35 Mn | 96.51 Mn |
| 9 | GoDaddy | 14.18 Bn | 9.76 Bn | 828.20 Mn | 122.90 Mn |
| 10 | GDS Holdings | 4.48 Bn | -3.80 Bn | 97.55 Mn | 351.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 351.93 Mn |
| Mar 31, 2026 | 276.63 Mn |
| Dec 31, 2025 | 276.18 Mn |
| Sep 30, 2025 | 269.01 Mn |
| Jun 30, 2025 | 375.25 Mn |
| Mar 31, 2025 | 70.47 Mn |
| Dec 31, 2024 | 355.34 Mn |
| Sep 30, 2024 | 519.26 Mn |
| Jun 30, 2024 | 425.10 Mn |
| Mar 31, 2024 | 465.42 Mn |
| Dec 31, 2023 | 386.93 Mn |
| Sep 30, 2023 | 400.26 Mn |
| Jun 30, 2023 | 409.07 Mn |
| Mar 31, 2023 | 384.36 Mn |
| Dec 31, 2022 | 444.18 Mn |
| Sep 30, 2022 | 531.63 Mn |
| Jun 30, 2022 | 595.68 Mn |
| Mar 31, 2022 | 592.17 Mn |
| Dec 31, 2021 | 612.33 Mn |
| Sep 30, 2021 | 595.96 Mn |
API Access
GDS Holdings Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "GDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();