RLX Technology (RLX) Payables (2019 - 2025)
RLX Technology (RLX) reported Payables of $123.3 million for Q4 2025, up 92.66% on a YoY basis from $64.0 million in Q4 2024, and up 92.66% quarter-over-quarter from $64.0 million in Q4 2024.
RLX Technology (RLX) Payables (2019 - 2025) Analysis & Trends
RLX Technology has reported Payables for 7 years, with the latest figure at $123.3 million in Q4 2025.
- For the quarter ending Q4 2025, Payables rose 92.66% year-over-year to $123.3 million; the trailing twelve-month figure through Dec 2025 stood at $123.3 million (up 92.66% YoY), and the FY2025 full-year result was $139.4 million, up 103.58% from the prior year.
- Payables for Q4 2025 stood at $123.3 million, up from $64.0 million in the prior quarter.
- The five-year high for Payables was $201.6 million in Q4 2021, with the low at $15.3 million in Q4 2023.
- Historically, Payables has averaged $88.4 million across 5 years, with a median of $64.0 million in 2024.
- Annual changes were most pronounced in 2022 — Payables tumbled 81.21% — and 2024, when it jumped 317.78%.
- RLX Technology's Payables stood at $201.6 million in 2021, then plunged by 81.21% to $37.9 million in 2022, then tumbled by 59.55% to $15.3 million in 2023, then jumped by 317.78% to $64.0 million in 2024, then soared by 92.66% to $123.3 million in 2025.
- The last three Payables figures came in at $123.3 million (Q4 2025), $64.0 million (Q4 2024), and $15.3 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | 11.93 Bn |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | 2.48 Bn |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | 16.88 Bn |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | 35.89 Mn |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | 288.07 Mn |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | - |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | 5.01 Mn |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | 73.97 Mn |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 | 5.35 Mn |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 | 1.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 123.30 Mn |
| Dec 31, 2024 | 63.99 Mn |
| Dec 31, 2023 | 15.32 Mn |
| Dec 31, 2022 | 37.87 Mn |
| Dec 31, 2021 | 201.59 Mn |
| Dec 31, 2020 | 359.70 Mn |
| Dec 31, 2019 | 120.25 Mn |