Quhuo (QH) Payables (2019 - 2025)

Quhuo's (QH) quarterly Payables came in at $38.8 billion in Q4 2025, up 7.72% year-on-year from $36.0 billion in Q4 2024, and up 91267.39% on a QoQ basis from $42.4 million in Q2 2025.

Quhuo (QH) Payables (2019 - 2025) Analysis & Trends

Quhuo (QH) has 7 years of Payables data on file, last reported at $38.8 billion in Q4 2025.

  • On a quarterly basis, Payables rose 7.72% year-over-year to $38.8 billion in Q4 2025; TTM through Dec 2025 was $38.8 billion, a 7.72% increase from a year earlier, with the FY2025 full-year figure at $38.3 billion, up 147.28% from the prior year.
  • Payables for Q4 2025 stood at $38.8 billion, up from $42.4 million in the prior quarter.
  • Over the last five years, Payables for QH reached as high as $38.8 billion in Q4 2025 and fell as low as $42.4 million in Q2 2025.
  • Historically, Payables has averaged $8.1 billion across 5 years, with a median of $67.7 million in 2021.
  • Across the five-year window, Payables surged 12145.07% in 2022 and decreased 16.93% in 2024, its largest moves.
  • Year by year, Payables stood at $75.5 million in 2021, then jumped by 12145.07% to $9.2 billion in 2022, then surged by 39.63% to $12.9 billion in 2023, then soared by 179.03% to $36.0 billion in 2024, then gained by 7.72% to $38.8 billion in 2025.
  • Per Business Quant data, the three most recent Payables figures were $38.8 billion in Q4 2025, $42.4 million in Q2 2025, and $36.0 billion in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 2.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 92.36 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.03 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.19 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.24 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 812.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 55.06 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 863.91 Mn
10 Quhuo 19.18 Mn -217.20 Mn 1.19 Mn 38.78 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 38.78 Bn
Jun 30, 2025 42.45 Mn
Dec 31, 2024 36.00 Bn
Jun 30, 2024 48.64 Mn
Dec 31, 2023 12.90 Bn
Jun 30, 2023 58.55 Mn
Dec 31, 2022 9.24 Bn
Jun 30, 2022 60.92 Mn
Dec 31, 2021 75.47 Mn
Sep 30, 2021 68.72 Mn
Jun 30, 2021 66.74 Mn
Mar 31, 2021 56.45 Mn
Dec 31, 2020 51.72 Mn
Sep 30, 2020 28.81 Mn
Jun 30, 2020 38.13 Mn
Dec 31, 2019 53.38 Mn