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 | 303.52 Bn | 280.52 Bn | 7.85 Bn | 9.08 Bn |
| 2 | British American Tobacco p.l.c | 132.82 Bn | 111.64 Bn | - | 16.69 Bn |
| 3 | Altria | 126.54 Bn | 113.47 Bn | 3.94 Bn | 2.64 Bn |
| 4 | Curaleaf Holdings | 2.37 Bn | 2.00 Bn | 170.48 Mn | 110.06 Mn |
| 5 | Trulieve Cannabis | 2.11 Bn | 729.12 Mn | 162.29 Mn | 65.68 Mn |
| 6 | RLX Technology | 1.96 Bn | -1.30 Bn | - | 140.46 Mn |
| 7 | Green Thumb Industries | 1.45 Bn | 214.02 Mn | 146.79 Mn | 50.23 Mn |
| 8 | Cronos | 1.30 Bn | -1.97 Bn | 28.45 Mn | 17.42 Mn |
| 9 | Turning Point Brands | 1.27 Bn | 375.50 Mn | 93.70 Mn | 35.29 Mn |
| 10 | Tilray Brands | 363.35 Mn | -604.15 Mn | 77.51 Mn | 344.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.16 Mn |
| Mar 31, 2026 | 110.68 Mn |
| Dec 31, 2025 | 140.46 Mn |
| Sep 30, 2025 | 63.49 Mn |
| Jun 30, 2025 | 64.38 Mn |
| Mar 31, 2025 | 62.86 Mn |
| Dec 31, 2024 | 85.33 Mn |
| Sep 30, 2024 | 50.22 Mn |
| Jun 30, 2024 | 44.56 Mn |
| Mar 31, 2024 | 29.62 Mn |
| Dec 31, 2023 | 59.70 Mn |
| Sep 30, 2023 | 32.90 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 | 174.21 Mn |
| Dec 31, 2021 | 351.84 Mn |
| Sep 30, 2021 | 224.94 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();