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| Date | Value |
|---|---|
| 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 |