So-Young International (SY) Payables (2021 - 2026)
So-Young International (SY) posted quarterly Payables of $17.3 million for Q1 2026, up 59.29% year-over-year from $10.9 million in Q1 2025, and up 83.56% quarter-over-quarter from $9.4 million in Q4 2025.
So-Young International (SY) Payables (2021 - 2026) Analysis & Trends
So-Young International's Payables history runs 6 years deep, the most recent figure standing at $17.3 million for Q1 2026.
- In Q1 2026, Payables rose 59.29% year-over-year to $17.3 million; the TTM figure through Mar 2026 stood at $17.3 million (up 59.29% YoY), while the FY2025 annual figure was $9.5 million, down 23.31% from the prior year.
- Payables for Q1 2026 stood at $17.3 million, up from $9.4 million in the prior quarter.
- The five-year high for Payables was $17.3 million in Q1 2026, with the low at $1.9 million in Q4 2022.
- The 5-year median for Payables is $9.4 million (2025), against an average of $9.1 million.
- The sharpest annual moves came in 2023 and 2025: Payables jumped 202.21% in 2023, then sank 56.36% in 2025.
- So-Young International's Payables stood at $1.9 million in 2022, then surged by 202.21% to $5.6 million in 2023, then soared by 123.54% to $12.5 million in 2024, then fell by 24.9% to $9.4 million in 2025, then soared by 83.56% to $17.3 million in 2026.
- Business Quant data shows SY's Payables at $17.3 million in Q1 2026, $9.4 million in Q4 2025, and $5.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 40.66 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 1.09 Bn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 14.22 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 20.69 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 60.72 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 163.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 56.22 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 6.49 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 4.94 Mn |
| 10 | So-Young International | 37.66 Mn | -77.47 Mn | 26.35 Mn | 17.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.29 Mn |
| Dec 31, 2025 | 9.42 Mn |
| Sep 30, 2025 | 5.57 Mn |
| Jun 30, 2025 | 8.27 Mn |
| Mar 31, 2025 | 10.85 Mn |
| Dec 31, 2024 | 12.54 Mn |
| Sep 30, 2024 | 12.76 Mn |
| Jun 30, 2024 | 5.47 Mn |
| Mar 31, 2024 | 10.28 Mn |
| Dec 31, 2023 | 5.61 Mn |
| Dec 31, 2022 | 1.86 Mn |
| Dec 31, 2021 | 2.95 Mn |