People (PPLI) Payables (2019 - 2026)
People (PPLI) recorded Payables of $32.23 million in Q2 2026, down 32.7% from $47.86 million a year earlier and down 10.0% from the prior quarter.
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Analysis
People (PPLI) Payables (2019 - 2026) Analysis & Trends
At the end of FY2025, People reported Payables of $29.86 million, down 44.4% from FY2024.
- Annual Payables has declined for four straight years, with a five-year compound annual growth rate of -19.6% (FY2020 to FY2025).
- Across earlier years, Payables came in at $53.67 million in FY2024 (-49.1%), $105.51 million in FY2023 (-20.7%), $133.11 million in FY2022 (-34.5%) and $203.17 million in FY2021 (+128.7%).
- Quarterly Payables has ranged from $29.86 million in Q4 2025 to $203.17 million in Q4 2021 over the past five years.
- On a year-over-year basis, Payables has declined for 15 consecutive quarters, with an average decline of 40.3% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 128.7% in Q4 2021, against a decline of 49.1% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $35.82 million (Q1 2026), $29.86 million (Q4 2025) and $42.68 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 20.26 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 15.89 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 3.30 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 60.76 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 1.12 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 3.36 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 5.15 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 11.32 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 1.51 Bn |
| 10 | People | 2.88 Bn | -1.30 Bn | 280.20 Mn | 32.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.23 Mn |
| Mar 31, 2026 | 35.82 Mn |
| Dec 31, 2025 | 29.86 Mn |
| Sep 30, 2025 | 42.68 Mn |
| Jun 30, 2025 | 47.86 Mn |
| Mar 31, 2025 | 47.00 Mn |
| Dec 31, 2024 | 53.67 Mn |
| Sep 30, 2024 | 80.12 Mn |
| Jun 30, 2024 | 76.91 Mn |
| Mar 31, 2024 | 83.84 Mn |
| Dec 31, 2023 | 105.51 Mn |
| Sep 30, 2023 | 143.71 Mn |
| Jun 30, 2023 | 127.67 Mn |
| Mar 31, 2023 | 114.86 Mn |
| Dec 31, 2022 | 133.11 Mn |
| Sep 30, 2022 | 158.11 Mn |
| Jun 30, 2022 | 154.33 Mn |
| Mar 31, 2022 | 184.08 Mn |
| Dec 31, 2021 | 203.17 Mn |
| Sep 30, 2021 | 117.89 Mn |
API Access
People 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=PPLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "PPLI", "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=PPLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();