MINISO Group Holding (MNSO) Payables (2019 - 2025)
MINISO Group Holding (MNSO) posted quarterly Payables of $883.7 million for Q4 2025, up 40.71% year-over-year from $628.0 million in Q4 2024, and up 79.47% quarter-over-quarter from $492.4 million in Q2 2025.
MINISO Group Holding (MNSO) Payables (2019 - 2025) Analysis & Trends
MINISO Group Holding (MNSO) has reported Payables for 7 consecutive years, with $883.7 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Payables rose 40.71% year-over-year to $883.7 million; the TTM figure through Dec 2025 stood at $883.7 million (up 40.71% YoY), while the FY2025 annual figure was $872.1 million, up 40.84% from the prior year.
- Payables climbed to $883.7 million in Q4 2025 per MNSO's latest filing, from $492.4 million in the prior quarter.
- Across five years, Payables topped out at $883.7 million in Q4 2025 and bottomed at $422.7 million in Q1 2022.
- Historically, Payables has averaged $526.2 million across 5 years, with a median of $466.1 million in 2022.
- Annual changes were most pronounced in 2023 — Payables decreased 7.51% — and 2025, when it soared 40.71%.
- MINISO Group Holding's Payables stood at $718.1 million in 2021, then plunged by 35.09% to $466.1 million in 2022, then gained by 1.04% to $470.9 million in 2023, then soared by 33.36% to $628.0 million in 2024, then soared by 40.71% to $883.7 million in 2025.
- Business Quant data shows MNSO's Payables at $883.7 million in Q4 2025, $492.4 million in Q2 2025, and $599.9 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 823.80 Mn |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 637.99 Mn |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 858.67 Mn |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 1.76 Bn |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 5.12 Bn |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 2.18 Bn |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 351.54 Mn |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 1.02 Bn |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 465.00 Mn |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn | 883.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 883.67 Mn |
| Jun 30, 2025 | 492.39 Mn |
| Mar 31, 2025 | 599.89 Mn |
| Dec 31, 2024 | 627.99 Mn |
| Aug 30, 2024 | 460.95 Mn |
| Jun 30, 2024 | 459.84 Mn |
| Mar 31, 2024 | 532.73 Mn |
| Dec 31, 2023 | 470.90 Mn |
| Jun 30, 2023 | 431.08 Mn |
| Jun 30, 2022 | 466.08 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 | 425.71 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 |