So-Young International (SY) Receivables (2018 - 2026)
So-Young International's Receivables was $6.04 million in Q2 2026, down 46.5% from $11.28 million a year earlier and down 7.3% from the prior quarter.
So-Young International (SY) Receivables (2018 - 2026) Analysis & Trends
At the end of FY2025, Receivables at So-Young International came in at $7.48 million, down 45.4% from FY2024.
- Receivables shows a five-year compound annual growth rate of -4.2% (FY2020 to FY2025).
- In earlier years, Receivables was $13.7 million in FY2024 (+46.4%), $9.36 million in FY2023 (-7.0%), $10.06 million in FY2022 (-6.9%) and $10.81 million in FY2021 (+16.3%).
- The Q2 2026 figure marks the lowest quarterly Receivables since Q4 2022.
- Compared with a year earlier, Receivables has declined for five straight quarters, with an average decline of 5.4% over the last eight quarters.
- The best year-over-year quarter for Receivables over five years was Q3 2021 (growth of 78.8%); the worst was Q1 2026 (a decline of 48.7%).
- Per Business Quant data, SY's Receivables in the three quarters before Q2 2026 was $6.51 million (Q1 2026), $7.37 million (Q4 2025) and $9.77 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.50 Bn | 98.51 Bn | - | 12.28 Bn |
| 2 | Natera | 58.05 Bn | 53.74 Bn | 485.19 Mn | 421.97 Mn |
| 3 | Labcorp Holdings | 26.39 Bn | 24.13 Bn | 1.11 Bn | 2.50 Bn |
| 4 | Quest Diagnostics | 26.28 Bn | 24.41 Bn | 1.03 Bn | 1.67 Bn |
| 5 | Tenet Healthcare | 22.71 Bn | 11.72 Bn | - | 2.91 Bn |
| 6 | Guardant Health | 21.59 Bn | 17.65 Bn | 219.03 Mn | 144.25 Mn |
| 7 | BrightSpring Health Services | 12.87 Bn | 11.21 Bn | 492.75 Mn | 1.20 Bn |
| 8 | Fresenius Medical Care AG | 12.49 Bn | 4.44 Bn | 1.52 Bn | - |
| 9 | Encompass Health | 12.04 Bn | 11.70 Bn | - | 687.30 Mn |
| 10 | So-Young International | 17.56 Mn | -460.86 Mn | 32.84 Mn | 6.05 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.05 Mn |
| Mar 31, 2026 | 6.53 Mn |
| Dec 31, 2025 | 7.37 Mn |
| Sep 30, 2025 | 9.82 Mn |
| Jun 30, 2025 | 11.28 Mn |
| Mar 31, 2025 | 12.71 Mn |
| Dec 31, 2024 | 13.53 Mn |
| Sep 30, 2024 | 16.73 Mn |
| Jun 30, 2024 | 12.64 Mn |
| Mar 31, 2024 | 9.41 Mn |
| Dec 31, 2023 | 8.05 Mn |
| Sep 30, 2023 | 11.43 Mn |
| Jun 30, 2023 | 10.59 Mn |
| Mar 31, 2023 | 8.48 Mn |
| Dec 31, 2022 | 5.17 Mn |
| Sep 30, 2022 | 9.97 Mn |
| Jun 30, 2022 | 10.33 Mn |
| Mar 31, 2022 | 11.08 Mn |
| Dec 31, 2021 | 10.81 Mn |
| Sep 30, 2021 | 14.02 Mn |
So-Young International Receivables 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=receivables&ticker=SY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=SY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();