MINISO Group Holding (MNSO) Payables (2019 - 2025)

MINISO Group Holding (MNSO) reported 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 7 years of Payables data on file, last reported at $883.7 million in Q4 2025.

  • Payables for Q4 2025 came in at $883.7 million, up 40.71% year-over-year; the trailing twelve-month figure through Dec 2025 was $883.7 million (up 40.71% YoY), and the FY2025 annual result was $883.7 million, up 42.7% from the prior year.
  • Payables rose to $883.7 million in Q4 2025 per MNSO's latest filing, from $492.4 million in the prior quarter.
  • Over five years, Payables peaked at $883.7 million in Q4 2025 and troughed at $93.3 million in Q2 2023.
  • A 5-year average of $453.3 million and a median of $460.4 million in 2024 frame the typical range for Payables.
  • The sharpest annual moves came in 2022 and 2024: Payables plunged 77.44% in 2022, then soared 427.83% in 2024.
  • A 5-year view of Payables shows it stood at $718.1 million in 2021, then tumbled by 42.44% to $413.4 million in 2022, then sank by 71.22% to $119.0 million in 2023, then soared by 427.83% to $628.0 million in 2024, then surged 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 603.35 Mn
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 637.99 Mn
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 748.17 Mn
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 1.99 Bn
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 1.76 Bn
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 5.12 Bn
7 NaaS Technology 14.72 Bn 14.70 Bn - 32.55 Mn
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 368.38 Mn
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 1.02 Bn
10 MINISO Group Holding 173,419.49 -989.43 Mn 409.04 Mn 883.67 Mn

Historic Data

Download Data
DateValue
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 118.98 Mn
Jun 30, 2023 93.33 Mn
Dec 31, 2022 413.36 Mn
Jun 30, 2022 98.55 Mn
Feb 28, 2022 423.77 Mn
Dec 31, 2021 718.09 Mn
Sep 30, 2021 466.12 Mn
Jun 30, 2021 436.85 Mn
Mar 31, 2021 425.71 Mn
Dec 31, 2020 445.08 Mn
Sep 30, 2020 394.30 Mn
Jun 30, 2020 398.13 Mn
Jun 30, 2019 346.80 Mn