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
DateValue
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