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
DateValue
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