Quhuo (QH) Payables (2019 - 2025)
Quhuo (QH) posted quarterly Payables of $38.8 billion for Q4 2025, up 7.72% year-over-year from $36.0 billion in Q4 2024, and up 91267.39% quarter-over-quarter from $42.4 million in Q2 2025.
Quhuo (QH) Payables (2019 - 2025) Analysis & Trends
Quhuo (QH) has reported Payables for 7 consecutive years, with $38.8 billion the latest figure, recorded in Q4 2025.
- In Q4 2025, Payables rose 7.72% year-over-year to $38.8 billion; the TTM figure through Dec 2025 stood at $38.8 billion (up 7.72% YoY), while the FY2025 annual figure was $38.3 billion, up 147.28% from the prior year.
- Payables improved to $38.8 billion in Q4 2025 per QH's latest filing, from $42.4 million in the prior quarter.
- Across five years, Payables topped out at $38.8 billion in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Payables jumped 12145.07% — and 2024, when it declined 16.61%.
- Quhuo's Payables stood at $75.5 million in 2021, then surged by 12145.07% to $9.2 billion in 2022, then soared by 39.63% to $12.9 billion in 2023, then jumped by 179.03% to $36.0 billion in 2024, then increased by 7.72% to $38.8 billion in 2025.
- Business Quant data shows QH's Payables at $38.8 billion in Q4 2025, $42.4 million in Q2 2025, and $36.0 billion in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 3.19 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.12 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | - |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 3.36 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.24 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 55.06 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 834.40 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 499.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.10 Bn |
| 10 | Quhuo | 222,602.88 | -236.16 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 | 48.83 Mn |
| Dec 31, 2023 | 12.90 Bn |
| Jun 30, 2023 | 58.55 Mn |
| Dec 31, 2022 | 9.24 Bn |
| Jun 30, 2022 | 59.97 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 |