RLX Technology (RLX) Accounts Payables (2019 - 2026)
RLX Technology (RLX) posted Accounts Payables of $91.1 million for Q1 2026, up 60.03% on a QoQ basis from $56.9 million in Q4 2025, and up 66.85% year-over-year from $54.6 million in Q1 2025.
RLX Technology (RLX) Accounts Payables (2019 - 2026) Analysis & Trends
RLX Technology's Accounts Payables history runs 8 years deep, the most recent figure standing at $91.1 million for Q1 2026.
- Quarterly Accounts Payables rose 66.85% year-over-year to $91.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $91.1 million (up 66.85% YoY) and the FY2025 annual result came in at $57.7 million, down 8.1% from the prior year.
- Accounts Payables was $91.1 million for Q1 2026 at RLX Technology, up from $56.9 million in the prior quarter.
- Across five years, Accounts Payables topped out at $206.8 million in Q2 2022 and bottomed at $6.9 million in Q1 2023.
- A 5-year average of $60.9 million and a median of $47.6 million in 2025 frame the typical range for Accounts Payables.
- Annual changes were most pronounced in 2023 — Accounts Payables plunged 95.65% — and 2024, when it jumped 329.56%.
- RLX Technology's Accounts Payables stood at $37.9 million in 2022, then plunged by 59.88% to $15.2 million in 2023, then soared by 170.71% to $41.1 million in 2024, then soared by 38.37% to $56.9 million in 2025, then soared by 60.03% to $91.1 million in 2026.
- Business Quant data shows RLX's Accounts Payables at $91.1 million in Q1 2026, $56.9 million in Q4 2025, and $47.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 3.93 Bn |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | 12.41 Bn |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 701.00 Mn |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | 91.09 Mn |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | 35.89 Mn |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | 510,000.00 |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | 5.01 Mn |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | 1.97 Mn |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | 690,176.00 |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | 5.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 91.09 Mn |
| Dec 31, 2025 | 56.92 Mn |
| Sep 30, 2025 | 47.57 Mn |
| Jun 30, 2025 | 49.84 Mn |
| Mar 31, 2025 | 54.59 Mn |
| Dec 31, 2024 | 41.14 Mn |
| Sep 30, 2024 | 50.22 Mn |
| Jun 30, 2024 | 44.56 Mn |
| Mar 31, 2024 | 29.62 Mn |
| Dec 31, 2023 | 15.20 Mn |
| Sep 30, 2023 | 32.90 Mn |
| Jun 30, 2023 | 18.23 Mn |
| Mar 31, 2023 | 6.90 Mn |
| Dec 31, 2022 | 37.87 Mn |
| Sep 30, 2022 | 93.66 Mn |
| Jun 30, 2022 | 206.78 Mn |
| Mar 31, 2022 | 158.43 Mn |
| Dec 31, 2021 | 201.59 Mn |
| Sep 30, 2021 | 224.94 Mn |
| Jun 30, 2021 | 337.24 Mn |