Ridgetech (RDGT) Payables (2021 - 2026)
Ridgetech (RDGT) reported Payables of $22.78 million for the quarter ended Mar 31, 2026, down 24.2% from $30.05 million a year earlier.
Powered by 
Analysis
Ridgetech (RDGT) Payables (2021 - 2026) Analysis & Trends
Dating back to the quarter ended Mar 31, 2021, Ridgetech's Payables record includes 11 quarters.
- Payables has declined for four consecutive years, with a five-year compound annual growth rate of -16.3% (years ended Mar 2021 to Mar 2026).
- By year, Payables came in at $30.05 million in the year ended Mar 31, 2025 (-6.1%), $32.01 million in the year ended Mar 31, 2024 (-43.1%), $56.25 million in the year ended Mar 31, 2023 (-8.6%) and $61.52 million in the year ended Mar 31, 2022 (+10.7%).
- The figure for the quarter ended Mar 31, 2026 ranks as the lowest quarterly Payables since the quarter ended Sep 30, 2024.
- Year over year, Payables gained in two of the last four quarters, with growth averaging 26.6%.
- The high point for year-over-year Payables in five years was the quarter ended Sep 30, 2025 (growth of 128.4%); the low point was the quarter ended Sep 30, 2024 (a decline of 80.3%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 378.83 Bn | 257.40 Bn | 36.67 Bn | 39.74 Bn |
| 2 | Mckesson | 121.35 Bn | 105.25 Bn | 3.69 Bn | 63.73 Bn |
| 3 | Cvs Health | 120.21 Bn | 72.62 Bn | 47.23 Bn | 17.17 Bn |
| 4 | Elevance Health | 94.61 Bn | -47.27 Bn | 13.45 Bn | 6.63 Bn |
| 5 | Cigna | 80.30 Bn | 49.55 Bn | 14.97 Bn | 10.41 Bn |
| 6 | Cencora | 66.14 Bn | 55.04 Bn | 3.61 Bn | 54.70 Bn |
| 7 | Cardinal Health | 60.13 Bn | 43.97 Bn | 2.56 Bn | 38.28 Bn |
| 8 | Humana | 51.40 Bn | -36.47 Bn | 5.50 Bn | 7.61 Bn |
| 9 | Centene | 34.78 Bn | -55.58 Bn | 14.55 Bn | 17.97 Bn |
| 10 | Ridgetech | 4.61 Mn | -58.01 Mn | - | 22.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 22.78 Mn |
| Sep 30, 2025 | 26.51 Mn |
| Mar 31, 2025 | 30.05 Mn |
| Sep 30, 2024 | 59.93 Mn |
| Mar 31, 2024 | 37.17 Mn |
| Sep 30, 2023 | 58.92 Mn |
| Mar 31, 2023 | 56.25 Mn |
| Sep 30, 2022 | 56.85 Mn |
| Mar 31, 2022 | 61.52 Mn |
| Sep 30, 2021 | 64.13 Mn |
| Mar 31, 2021 | 55.56 Mn |
API Access
Ridgetech 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=RDGT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "RDGT", "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=RDGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();