GDS Holdings (GDS) Payables (2015 - 2025)
GDS Holdings' (GDS) quarterly Payables came in at $330.4 million in Q4 2025, up 5.36% year-on-year from $313.6 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.
- On a quarterly basis, Payables rose 5.36% year-over-year to $330.4 million in Q4 2025; TTM through Dec 2025 was $330.4 million, a 5.36% increase from a year earlier, with the FY2025 full-year figure at $326.1 million, down 99.91% from the prior year.
- Payables climbed to $330.4 million in Q4 2025 per GDS's latest filing, from $70.4 million in the prior quarter.
- Across five years, Payables topped out at $767.6 million in Q4 2021 and bottomed at $70.4 million in Q1 2025.
- The 5-year median for Payables is $525.3 million (2021), against an average of $486.9 million.
- Across the five-year window, Payables surged 271.81% in 2021 and sank 84.88% in 2025, its largest moves.
- Year by year, Payables stood at $767.6 million in 2021, then dropped by 13.08% to $667.2 million in 2022, then sank by 33.96% to $440.6 million in 2023, then retreated by 28.82% to $313.6 million in 2024, then gained by 5.36% to $330.4 million in 2025.
- Per Business Quant, the three latest GDS Payables figures stand at $330.4 million (Q4 2025), $70.4 million (Q1 2025), and $313.6 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 10.17 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 | 6.61 Bn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 396.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 1.04 Bn |
| 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 | 330.43 Mn |
| Mar 31, 2025 | 70.41 Mn |
| Dec 31, 2024 | 313.61 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 | 767.56 Mn |
| Sep 30, 2021 | 596.01 Mn |
| Jun 30, 2021 | 586.27 Mn |
| Mar 31, 2021 | 525.29 Mn |
| Dec 31, 2020 | 206.44 Mn |
| Sep 30, 2020 | 495.73 Mn |
| Jun 30, 2020 | 407.74 Mn |
| Mar 31, 2020 | 183.71 Mn |
| Dec 31, 2019 | 294.14 Mn |
| Sep 30, 2019 | 236.70 Mn |
| Jun 30, 2019 | 257.83 Mn |
| Mar 31, 2019 | 228.28 Mn |
| Dec 31, 2018 | 317.14 Mn |