So-Young International (SY) Payables (2021 - 2026)

So-Young International's (SY) quarterly Payables came in at $17.3 million in Q1 2026, up 59.29% year-on-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.

  • On a quarterly basis, Payables rose 59.29% year-over-year to $17.3 million in Q1 2026; TTM through Mar 2026 was $17.3 million, a 59.29% increase from a year earlier, with the FY2025 full-year figure at $9.5 million, down 23.31% from the prior year.
  • Payables advanced to $17.3 million in Q1 2026 per SY's latest filing, from $9.4 million in the prior quarter.
  • Across five years, Payables topped out at $17.3 million in Q1 2026 and bottomed 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.
  • Across the five-year window, Payables jumped 202.21% in 2023 and slumped 56.36% in 2025, its largest moves.
  • Year by year, Payables stood at $1.9 million in 2022, then soared by 202.21% to $5.6 million in 2023, then jumped by 123.54% to $12.5 million in 2024, then retreated by 24.9% to $9.4 million in 2025, then jumped by 83.56% to $17.3 million in 2026.
  • Per Business Quant, the three latest SY Payables figures stand at $17.3 million (Q1 2026), $9.4 million (Q4 2025), and $5.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Veeva Systems 31.59 Bn 24.28 Bn 662.02 Mn 40.66 Mn
2 BrightSpring Health Services 14.75 Bn 13.85 Bn 482.22 Mn 1.09 Bn
3 Healthequity 8.24 Bn 7.98 Bn 256.31 Mn 14.22 Mn
4 10x Genomics 5.91 Bn 5.37 Bn 106.18 Mn 17.43 Mn
5 Hinge Health 5.90 Bn 5.58 Bn 154.23 Mn 69.48 Mn
6 MiniMed 4.50 Bn 4.21 Bn 480.00 Mn 163.00 Mn
7 Waystar Holding 4.43 Bn 4.36 Bn 216.84 Mn 58.80 Mn
8 Doximity 3.91 Bn 3.16 Bn 125.97 Mn 4.01 Mn
9 Privia Health 3.19 Bn 2.77 Bn - 80.56 Mn
10 So-Young International 163.89 Mn 48.76 Mn 26.35 Mn 17.29 Mn

Historic Data

Download Data
DateValue
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