RLX Technology (RLX) Payables (2019 - 2026)
RLX Technology's Payables came in at $57.95 million for the quarter ended Jun 30, 2026, down 10.0% from $64.38 million a year earlier and down 47.4% from the prior quarter.
RLX Technology (RLX) Payables (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, RLX Technology's Payables was $135.62 million, down 0.9% from the prior year.
- Payables carries a five-year compound annual growth rate of -21.4% (years ended Dec 2020 to Dec 2025).
- Going back by year, Payables was $136.79 million in the year ended Dec 31, 2024 (+36.3%), $100.34 million in the year ended Dec 31, 2023 (+22.0%), $82.22 million in the year ended Dec 31, 2022 (-75.8%) and $339.5 million in the year ended Dec 31, 2021 (-24.8%).
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Payables since the quarter ended Sep 30, 2024.
- Year-over-year, Payables increased in seven of the last eight quarters, with growth averaging 42.6%.
- The fastest year-over-year change in Payables over five years came in the quarter ended Mar 31, 2024 (growth of 327.9%), and the weakest in the quarter ended Mar 31, 2023 (a decline of 96.0%).
- Business Quant data shows RLX's Payables at $110.23 million (quarter ended Mar 31, 2026), $137.42 million (quarter ended Dec 31, 2025) and $63.49 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 311.51 Bn | 291.15 Bn | 7.66 Bn | 9.57 Bn |
| 2 | British American Tobacco p.l.c | 129.24 Bn | 105.61 Bn | - | 16.69 Bn |
| 3 | Altria | 124.94 Bn | 111.10 Bn | 3.82 Bn | 2.46 Bn |
| 4 | Trulieve Cannabis | 2.09 Bn | 705.03 Mn | 162.29 Mn | 65.68 Mn |
| 5 | RLX Technology | 2.07 Bn | -1.69 Bn | 52.74 Mn | 58.09 Mn |
| 6 | Curaleaf Holdings | 2.07 Bn | 1.67 Bn | 169.91 Mn | 101.08 Mn |
| 7 | Green Thumb Industries | 1.38 Bn | 228.69 Mn | 137.87 Mn | 40.84 Mn |
| 8 | Turning Point Brands | 1.28 Bn | 383.66 Mn | 93.70 Mn | 35.29 Mn |
| 9 | Cronos | 1.23 Bn | -2.04 Bn | 28.45 Mn | 17.42 Mn |
| 10 | Tilray Brands | 406.02 Mn | -561.48 Mn | 77.51 Mn | 344.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.09 Mn |
| Mar 31, 2026 | 110.47 Mn |
| Dec 31, 2025 | 140.46 Mn |
| Sep 30, 2025 | 63.49 Mn |
| Jun 30, 2025 | 64.30 Mn |
| Mar 31, 2025 | 62.81 Mn |
| Dec 31, 2024 | 85.33 Mn |
| Sep 30, 2024 | 50.27 Mn |
| Jun 30, 2024 | 44.56 Mn |
| Mar 31, 2024 | 29.62 Mn |
| Dec 31, 2023 | 59.70 Mn |
| Sep 30, 2023 | 32.88 Mn |
| Jun 30, 2023 | 18.23 Mn |
| Mar 31, 2023 | 6.90 Mn |
| Dec 31, 2022 | 69.83 Mn |
| Sep 30, 2022 | 107.72 Mn |
| Jun 30, 2022 | 221.71 Mn |
| Mar 31, 2022 | 174.02 Mn |
| Dec 31, 2021 | 351.84 Mn |
| Sep 30, 2021 | 224.03 Mn |
RLX Technology 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=RLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "RLX", "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=RLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();