KPIs & Operating Metrics(New)
Growth Metrics

GDS Holdings (GDS) Payables (2016 - 2025)

GDS Holdings has reported Payables over the past 11 years, most recently at $115.4 million for Q4 2025.

  • For Q4 2025, Payables fell 81.12% year-over-year to $115.4 million; the TTM value through Dec 2025 reached $115.4 million, down 81.12%, while the annual FY2025 figure was $113.9 million, 99.97% down from the prior year.
  • Payables for Q4 2025 was $115.4 million at GDS Holdings, up from $70.4 million in the prior quarter.
  • Over five years, Payables peaked at $1.3 billion in Q4 2021 and troughed at $70.4 million in Q1 2025.
  • A 5-year average of $546.4 million and a median of $586.7 million in 2021 define the central range for Payables.
  • Biggest five-year swings in Payables: surged 547.16% in 2021 and later tumbled 84.88% in 2025.
  • Year by year, Payables stood at $1.3 billion in 2021, then tumbled by 50.06% to $667.2 million in 2022, then crashed by 33.96% to $440.6 million in 2023, then soared by 38.77% to $611.4 million in 2024, then tumbled by 81.12% to $115.4 million in 2025.
  • Business Quant data shows Payables for GDS at $115.4 million in Q4 2025, $70.4 million in Q1 2025, and $611.4 million in Q4 2024.