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| Date | Value |
|---|---|
| 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 |