So-Young International (SY) Receivables (2018 - 2026)
So-Young International's (SY) quarterly Receivables came in at $6.5 million in Q1 2026, down 48.77% year-on-year from $12.7 million in Q1 2025, and down 11.7% quarter-over-quarter from $7.4 million in Q4 2025.
So-Young International (SY) Receivables (2018 - 2026) Analysis & Trends
So-Young International's Receivables history runs 9 years deep, the most recent figure standing at $6.5 million for Q1 2026.
- On a quarterly basis, Receivables fell 48.77% year-over-year to $6.5 million in Q1 2026; TTM through Mar 2026 was $6.5 million, a 48.77% decrease from a year earlier, with the FY2025 full-year figure at $268.9 million, down 1.54% from the prior year.
- Receivables eased to $6.5 million in Q1 2026 per SY's latest filing, from $7.4 million in the prior quarter.
- Across five years, Receivables topped out at $11.1 billion in Q1 2022 and bottomed at $6.5 million in Q1 2026.
- The 5-year median for Receivables is $10.5 million (2022), against an average of $702.8 million.
- Biggest YoY gain for Receivables was 100672.8% in 2022; the steepest drop was 63.7% in 2022.
- Year by year, Receivables stood at $9.7 million in 2022, then fell by 18.44% to $7.9 million in 2023, then soared by 73.03% to $13.8 million in 2024, then tumbled by 46.37% to $7.4 million in 2025, then declined by 11.7% to $6.5 million in 2026.
- Per Business Quant, the three latest SY Receivables figures stand at $6.5 million (Q1 2026), $7.4 million (Q4 2025), and $9.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.66 Bn | 24.35 Bn | 662.02 Mn | 627.77 Mn |
| 2 | BrightSpring Health Services | 14.67 Bn | 13.77 Bn | 482.22 Mn | 1.17 Bn |
| 3 | Healthequity | 8.29 Bn | 8.02 Bn | 256.31 Mn | 122.00 Mn |
| 4 | Hinge Health | 5.93 Bn | 5.62 Bn | 154.23 Mn | 166.20 Mn |
| 5 | 10x Genomics | 5.87 Bn | 5.33 Bn | 106.18 Mn | 20.90 Mn |
| 6 | MiniMed | 4.49 Bn | 4.19 Bn | 480.00 Mn | 655.00 Mn |
| 7 | Waystar Holding | 4.45 Bn | 4.38 Bn | 216.84 Mn | 172.53 Mn |
| 8 | Doximity | 3.94 Bn | 3.19 Bn | 125.97 Mn | 146.98 Mn |
| 9 | Privia Health | 3.18 Bn | 2.76 Bn | - | 513.68 Mn |
| 10 | So-Young International | 168.55 Mn | 53.42 Mn | 26.35 Mn | 6.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.51 Mn |
| Dec 31, 2025 | 7.37 Mn |
| Sep 30, 2025 | 9.77 Mn |
| Jun 30, 2025 | 11.17 Mn |
| Mar 31, 2025 | 12.71 Mn |
| Dec 31, 2024 | 13.75 Mn |
| Sep 30, 2024 | 16.73 Mn |
| Jun 30, 2024 | 12.64 Mn |
| Mar 31, 2024 | 9.51 Mn |
| Dec 31, 2023 | 7.95 Mn |
| Sep 30, 2023 | 11.44 Mn |
| Jun 30, 2023 | 10.59 Mn |
| Dec 31, 2022 | 9.74 Mn |
| Sep 30, 2022 | 9.99 Mn |
| Jun 30, 2022 | 10.49 Mn |
| Mar 31, 2022 | 11.08 Bn |
| Dec 31, 2021 | 26.85 Mn |
| Sep 30, 2021 | 14.02 Mn |
| Jun 30, 2021 | 13.66 Mn |
| Mar 31, 2021 | 11.00 Mn |