So-Young International (SY) Receivables (2018 - 2026)
So-Young International (SY) posted quarterly Receivables of $6.5 million for Q1 2026, down 48.77% year-over-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.
- In Q1 2026, Receivables fell 48.77% year-over-year to $6.5 million; the TTM figure through Mar 2026 stood at $6.5 million (down 48.77% YoY), while the FY2025 annual figure was $268.9 million, down 1.54% from the prior year.
- Receivables for Q1 2026 stood at $6.5 million, down from $7.4 million in the prior quarter.
- The five-year high for Receivables was $11.1 billion in Q1 2022, with the low at $5.1 million in Q4 2022.
- The 5-year median for Receivables is $10.7 million (2022), against an average of $702.5 million.
- Peak annual rise in Receivables reached 99611.03% in 2022, while the deepest fall reached 53.0% in 2022.
- So-Young International's Receivables stood at $5.1 million in 2022, then surged by 56.97% to $7.9 million in 2023, then surged by 73.03% to $13.8 million in 2024, then plunged by 46.37% to $7.4 million in 2025, then dropped by 11.7% to $6.5 million in 2026.
- Business Quant data shows SY's Receivables at $6.5 million in Q1 2026, $7.4 million in Q4 2025, and $9.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 627.77 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 1.20 Bn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 122.00 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 50.63 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 165.78 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 655.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 185.88 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 179.28 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 43.27 Mn |
| 10 | So-Young International | 37.66 Mn | -77.47 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 | 11.54 Mn |
| Jun 30, 2023 | 10.97 Mn |
| Dec 31, 2022 | 5.06 Mn |
| Sep 30, 2022 | 9.99 Mn |
| Jun 30, 2022 | 10.49 Mn |
| Mar 31, 2022 | 11.08 Bn |
| Dec 31, 2021 | 10.77 Mn |
| Sep 30, 2021 | 14.08 Mn |
| Jun 30, 2021 | 13.66 Mn |
| Mar 31, 2021 | 11.12 Mn |