Ridgetech RDGT
NASDAQ RDGT
$0.84 +0.01 (+1.26%)
At close: Sep 10, 2026 · 4:00 PM EDT

Ridgetech (RDGT) Payables (2021 - 2026)

Ridgetech (RDGT) posted Payables of $22.8 million for Q1 2026, down 14.06% on a QoQ basis from $26.5 million in Q3 2025, and down 24.2% year-over-year from $30.1 million in Q1 2025.

Analysis

Ridgetech (RDGT) Payables (2021 - 2026) Analysis & Trends

Ridgetech has reported Payables for 6 years, with the latest figure at $22.8 million in Q1 2026.

  • On a quarterly basis, Payables fell 24.2% year-over-year to $22.8 million in Q1 2026; TTM through Mar 2026 was $22.8 million, a 24.2% decrease from a year earlier, with the FY2026 full-year figure at $22.8 million, down 24.2% from the prior year.
  • Payables was $22.8 million for Q1 2026 at Ridgetech, down from $26.5 million in the prior quarter.
  • The five-year high for Payables was $58.9 million in Q3 2023, with the low at $11.6 million in Q3 2024.
  • Average Payables over 5 years is $34.1 million, with a median of $27.3 million recorded in 2022.
  • The sharpest annual moves came in 2024 and 2025: Payables plunged 80.31% in 2024, then jumped 128.43% in 2025.
  • Over 5 years, Payables stood at $56.8 million in 2022, then climbed by 3.65% to $58.9 million in 2023, then slumped by 80.31% to $11.6 million in 2024, then surged by 128.43% to $26.5 million in 2025, then retreated by 14.06% to $22.8 million in 2026.
  • The last three Payables figures came in at $22.8 million (Q1 2026), $26.5 million (Q3 2025), and $30.1 million (Q1 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Mckesson 104.59 Bn 99.42 Bn 3.69 Bn 63.73 Bn
2 Cencora 62.07 Bn 59.25 Bn 3.61 Bn 54.70 Bn
3 Cardinal Health 55.70 Bn 50.84 Bn 2.56 Bn 38.28 Bn
4 Henry Schein 9.91 Bn 9.75 Bn 1.10 Bn 2.16 Bn
5 ZeroStack 48.41 Mn 45.45 Mn 1.62 Mn 2.18 Mn
6 111 30.02 Mn -24.35 Mn 18.18 Mn 212.25 Mn
7 Guardian Pharmacy Services 5.58 Mn -84.23 Mn 80.04 Mn 108.21 Mn
8 Ridgetech 4.83 Mn -13.18 Mn - 22.78 Mn
9 DataMeds AI 1.85 Mn 1.80 Mn 170,221.00 11.98 Mn
10 MedWellAI 1.47 Mn 1.32 Mn - 566,957.00
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 22.78 Mn
Sep 30, 2025 26.51 Mn
Mar 31, 2025 30.05 Mn
Sep 30, 2024 11.60 Mn
Mar 31, 2024 16.48 Mn
Sep 30, 2023 58.92 Mn
Mar 31, 2023 56.25 Mn
Sep 30, 2022 56.85 Mn
Mar 31, 2022 27.33 Mn
Sep 30, 2021 64.13 Mn
Mar 31, 2021 55.56 Mn