MINISO Group Holding (MNSO) Payables (2019 - 2025)
MINISO Group Holding's (MNSO) quarterly Payables came in at $465.7 million in Q4 2025, up 81.24% year-on-year from $256.9 million in Q4 2024, and down 5.43% on a QoQ basis from $492.4 million in Q2 2025.
MINISO Group Holding (MNSO) Payables (2019 - 2025) Analysis & Trends
MINISO Group Holding (MNSO) has 7 years of Payables data on file, last reported at $465.7 million in Q4 2025.
- On a quarterly basis, Payables rose 81.24% year-over-year to $465.7 million in Q4 2025; TTM through Dec 2025 was $465.7 million, a 81.24% increase from a year earlier, with the FY2025 full-year figure at $459.6 million, down 25.78% from the prior year.
- Payables for Q4 2025 stood at $465.7 million, down from $492.4 million in the prior quarter.
- Over the last five years, Payables for MNSO reached as high as $718.1 million in Q4 2021 and fell as low as $93.3 million in Q2 2023.
- Historically, Payables has averaged $403.4 million across 5 years, with a median of $459.8 million in 2024.
- Across the five-year window, Payables slumped 77.44% in 2022 and surged 392.68% in 2024, its largest moves.
- Year by year, Payables stood at $718.1 million in 2021, then sank by 86.28% to $98.5 million in 2022, then rose by 20.73% to $119.0 million in 2023, then jumped by 115.94% to $256.9 million in 2024, then jumped by 81.24% to $465.7 million in 2025.
- Per Business Quant data, the three most recent Payables figures were $465.7 million in Q4 2025, $492.4 million in Q2 2025, and $599.9 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 823.80 Mn |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | 32.55 Mn |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 637.99 Mn |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 748.17 Mn |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 5.12 Bn |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 1.99 Bn |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | 883.67 Mn |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 1.76 Bn |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 368.38 Mn |
| 10 | Murphy USA | 11.42 Bn | 11.30 Bn | -3.64 Bn | 1.02 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 465.66 Mn |
| Jun 30, 2025 | 492.39 Mn |
| Mar 31, 2025 | 599.89 Mn |
| Dec 31, 2024 | 256.92 Mn |
| Aug 30, 2024 | 460.95 Mn |
| Jun 30, 2024 | 459.84 Mn |
| Mar 31, 2024 | 532.73 Mn |
| Dec 31, 2023 | 118.98 Mn |
| Jun 30, 2023 | 93.33 Mn |
| Jun 30, 2022 | 98.55 Mn |
| Feb 28, 2022 | 422.71 Mn |
| Dec 31, 2021 | 718.09 Mn |
| Sep 30, 2021 | 464.27 Mn |
| Jun 30, 2021 | 436.85 Mn |
| Mar 31, 2021 | 430.28 Mn |
| Dec 31, 2020 | 655.06 Mn |
| Sep 30, 2020 | 401.96 Mn |
| Jun 30, 2020 | 398.13 Mn |
| Jun 30, 2019 | 346.80 Mn |