GDS Holdings (GDS) Payables (2015 - 2025)
GDS Holdings (GDS) posted quarterly Payables of $330.4 million for Q4 2025, down 45.96% year-over-year from $611.4 million in Q4 2024, and up 369.28% quarter-over-quarter from $70.4 million in Q1 2025.
GDS Holdings (GDS) Payables (2015 - 2025) Analysis & Trends
GDS Holdings' Payables history runs 11 years deep, the most recent figure standing at $330.4 million for Q4 2025.
- In Q4 2025, Payables fell 45.96% year-over-year to $330.4 million; the TTM figure through Dec 2025 stood at $330.4 million (down 45.96% YoY), while the FY2025 annual figure was $326.1 million, down 99.91% from the prior year.
- Payables for Q4 2025 stood at $330.4 million, up from $70.4 million in the prior quarter.
- The five-year high for Payables was $1.3 billion in Q4 2021, with the low at $70.4 million in Q1 2025.
- The 5-year median for Payables is $586.7 million (2021), against an average of $565.9 million.
- The sharpest annual moves came in 2021 and 2025: Payables jumped 185.93% in 2021, then plunged 84.88% in 2025.
- GDS Holdings' Payables stood at $1.3 billion in 2021, then slumped by 50.06% to $667.2 million in 2022, then slumped by 33.96% to $440.6 million in 2023, then soared by 38.77% to $611.4 million in 2024, then slumped by 45.96% to $330.4 million in 2025.
- Business Quant data shows GDS's Payables at $330.4 million in Q4 2025, $70.4 million in Q1 2025, and $611.4 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 10.17 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 3.18 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | - |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 809.53 Mn |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 390.00 Mn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 6.66 Bn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 1.14 Bn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 1.04 Bn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 2.18 Bn |
| 10 | GDS Holdings | 6.40 Bn | 4.20 Bn | 97.89 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 330.43 Mn |
| Mar 31, 2025 | 70.41 Mn |
| Dec 31, 2024 | 611.41 Mn |
| Mar 31, 2024 | 465.82 Mn |
| Dec 31, 2023 | 440.59 Mn |
| Dec 31, 2022 | 667.18 Mn |
| Mar 31, 2022 | 592.81 Mn |
| Dec 31, 2021 | 1.34 Bn |
| Sep 30, 2021 | 598.39 Mn |
| Jun 30, 2021 | 586.74 Mn |
| Mar 31, 2021 | 525.29 Mn |
| Dec 31, 2020 | 737.55 Mn |
| Sep 30, 2020 | 495.73 Mn |
| Jun 30, 2020 | 511.36 Mn |
| Mar 31, 2020 | 183.71 Mn |
| Dec 31, 2019 | 294.14 Mn |
| Sep 30, 2019 | 278.95 Mn |
| Jun 30, 2019 | 257.83 Mn |
| Mar 31, 2019 | 228.28 Mn |
| Dec 31, 2018 | 317.14 Mn |