So-Young International (SY) Payables (2021 - 2026)
So-Young International's Payables came in at $16.62 million for Q2 2026, up 99.0% from $8.35 million a year earlier but down 3.9% from the prior quarter.
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Analysis
So-Young International (SY) Payables (2021 - 2026) Analysis & Trends
At the end of FY2025, So-Young International's Payables was $9.45 million, down 23.7% from FY2024.
- Payables carries a four-year compound annual growth rate of 34.1% (FY2021 to FY2025).
- Going back by year, Payables was $12.39 million in FY2024 (+117.4%), $5.7 million in FY2023 (+189.7%), $1.97 million in FY2022 (-32.7%) and $2.92 million in FY2021.
- The five-year range for quarterly Payables is $1.86 million (Q4 2022) to $17.29 million (Q1 2026).
- Year-over-year, Payables increased in five of the last seven quarters, with growth averaging 37.1%.
- The fastest year-over-year change in Payables over five years came in Q4 2023 (growth of 202.2%), and the weakest in Q3 2025 (a decline of 55.4%).
- Business Quant data shows SY's Payables at $17.29 million (Q1 2026), $9.42 million (Q4 2025) and $5.57 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 4.75 Bn |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 155.45 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 1.60 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 688.50 Mn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 93.51 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 1.37 Bn |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 73.82 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 221.60 Mn |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 715.87 Mn |
| 10 | So-Young International | 41.47 Mn | -434.09 Mn | 32.84 Mn | 16.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.62 Mn |
| Mar 31, 2026 | 17.29 Mn |
| Dec 31, 2025 | 9.42 Mn |
| Sep 30, 2025 | 5.57 Mn |
| Jun 30, 2025 | 8.35 Mn |
| Mar 31, 2025 | 10.83 Mn |
| Dec 31, 2024 | 12.54 Mn |
| Sep 30, 2024 | 12.50 Mn |
| Jun 30, 2024 | 5.49 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 |
API Access
So-Young International 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=SY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "SY", "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=SY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();