TH International (THCH) Accounts Payables (2021 - 2025)
TH International (THCH) posted quarterly Accounts Payables of $28.1 million for Q4 2025, down 9.89% year-over-year from $31.2 million in Q4 2024, and down 9.89% quarter-over-quarter from $31.2 million in Q4 2024.
Analysis
TH International (THCH) Accounts Payables (2021 - 2025) Analysis & Trends
TH International (THCH) has reported Accounts Payables for 5 consecutive years, with $28.1 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Accounts Payables fell 9.89% year-over-year to $28.1 million; the TTM figure through Dec 2025 stood at $28.1 million (down 9.89% YoY), while the FY2025 annual figure was $27.7 million, down 11.04% from the prior year.
- Accounts Payables fell to $28.1 million in Q4 2025 per THCH's latest filing, from $31.2 million in the prior quarter.
- Across five years, Accounts Payables topped out at $35.5 million in Q1 2024 and bottomed at $9.5 million in Q4 2021.
- Historically, Accounts Payables has averaged $25.4 million across 5 years, with a median of $28.4 million in 2023.
- Annual changes were most pronounced in 2023 — Accounts Payables soared 105.44% — and 2025, when it decreased 9.89%.
- TH International's Accounts Payables stood at $9.5 million in 2021, then jumped by 55.85% to $14.9 million in 2022, then jumped by 105.44% to $30.5 million in 2023, then rose by 2.09% to $31.2 million in 2024, then decreased by 9.89% to $28.1 million in 2025.
- Business Quant data shows THCH's Accounts Payables at $28.1 million in Q4 2025, $31.2 million in Q4 2024, and $35.5 million in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 181.46 Bn | 180.64 Bn | 6.42 Bn | 1.11 Bn |
| 2 | Starbucks | 119.15 Bn | 115.53 Bn | 6.49 Bn | 1.78 Bn |
| 3 | Chipotle Mexican Grill | 47.22 Bn | 46.55 Bn | 2.35 Bn | 255.13 Mn |
| 4 | Yum Brands | 41.34 Bn | 40.66 Bn | 1.47 Bn | 1.19 Bn |
| 5 | Restaurant Brands International | 27.92 Bn | 26.86 Bn | 1.89 Bn | 884.00 Mn |
| 6 | Darden Restaurants | 25.01 Bn | 24.79 Bn | 3.68 Bn | 427.70 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 884.00 Mn |
| 8 | Yum China Holdings | 15.19 Bn | 13.80 Bn | 2.22 Bn | 2.26 Bn |
| 9 | Texas Roadhouse | 12.42 Bn | 12.22 Bn | 1.44 Bn | 179.04 Mn |
| 10 | TH International | 43.90 Mn | 26.12 Mn | 37.59 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 28.08 Mn |
| Dec 31, 2024 | 31.16 Mn |
| Mar 31, 2024 | 35.46 Mn |
| Dec 31, 2023 | 30.52 Mn |
| Sep 30, 2023 | 28.39 Mn |
| Dec 31, 2022 | 14.86 Mn |
| Dec 31, 2021 | 9.53 Mn |