Luckin Coffee (LKNCY) Payables (2018 - 2026)
Luckin Coffee (LKNCY) posted Payables of $491.87 million for Q2 2026, up 249.5% from $140.72 million a year earlier and up 148.2% from the prior quarter.
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Analysis
Luckin Coffee (LKNCY) Payables (2018 - 2026) Analysis & Trends
At the end of FY2025, Luckin Coffee's Payables came in at $157.54 million, up 10.7% from FY2024.
- Annual Payables has increased for three consecutive years, with a five-year compound annual growth rate of 37.4% (FY2020 to FY2025).
- In prior years, Luckin Coffee's Payables was $142.32 million in FY2024 (+24.0%), $114.74 million in FY2023 (+79.3%), $63.99 million in FY2022 (-87.4%) and $506.09 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Payables since Q4 2021.
- On a year-over-year basis, Payables has increased in each of the last four quarters, with growth averaging 55.0% over the last eight quarters.
- The strongest year-over-year quarter for Payables in the past five years was Q2 2026, with growth of 249.5%; the weakest was Q4 2022, with a decline of 87.5%.
- According to Business Quant data, Payables for the three prior quarters was $198.2 million (Q1 2026), $157.77 million (Q4 2025) and $169.55 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 197.03 Bn | 191.85 Bn | 6.42 Bn | 1.11 Bn |
| 2 | Starbucks | 121.44 Bn | 109.07 Bn | - | 1.78 Bn |
| 3 | Yum Brands | 45.58 Bn | 42.47 Bn | 1.47 Bn | 4.00 Bn |
| 4 | Chipotle Mexican Grill | 45.08 Bn | 41.58 Bn | - | 308.35 Mn |
| 5 | Restaurant Brands International | 27.34 Bn | 23.13 Bn | 1.40 Bn | 816.00 Mn |
| 6 | Darden Restaurants | 25.92 Bn | 25.01 Bn | 1.68 Bn | 1.45 Bn |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 816.00 Mn |
| 8 | Yum China Holdings | 17.29 Bn | 10.94 Bn | 537.00 Mn | 2.44 Bn |
| 9 | Texas Roadhouse | 12.62 Bn | 11.96 Bn | - | 179.04 Mn |
| 10 | Luckin Coffee | 10.74 Bn | 5.83 Bn | 1.64 Bn | 697.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 697.49 Mn |
| Jun 30, 2026 | 491.87 Mn |
| Mar 31, 2026 | 198.20 Mn |
| Dec 31, 2025 | 157.77 Mn |
| Sep 30, 2025 | 169.55 Mn |
| Jun 30, 2025 | 140.72 Mn |
| Mar 31, 2025 | 115.78 Mn |
| Dec 31, 2024 | 142.32 Mn |
| Sep 30, 2024 | 165.85 Mn |
| Jun 30, 2024 | 144.93 Mn |
| Mar 31, 2024 | 70.30 Mn |
| Dec 31, 2023 | 114.63 Mn |
| Sep 30, 2023 | 137.96 Mn |
| Jun 30, 2023 | 93.23 Mn |
| Mar 31, 2023 | 97.91 Mn |
| Dec 31, 2022 | 63.39 Mn |
| Sep 30, 2022 | 56.55 Mn |
| Jun 30, 2022 | 78.44 Mn |
| Mar 31, 2022 | 74.04 Mn |
| Dec 31, 2021 | 506.13 Mn |
API Access
Luckin Coffee 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=payables&ticker=LKNCY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "LKNCY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=LKNCY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();