TH International (THCH) Payables (2021 - 2025)

TH International (THCH) has 5 years of Payables data on file, last reported at $83.8 million in Q4 2025.

• Payables for Q4 2025 came in at $83.8 million, down 0.54% year-over-year; the trailing twelve-month figure through Dec 2025 was $83.8 million (down 0.54% YoY), and the FY2025 annual result was $82.7 million, down 1.81% from the prior year.
• Payables declined to $83.8 million in Q4 2025 per THCH's latest filing, from $84.2 million in the prior quarter.
• Over five years, Payables peaked at $118.7 million in Q3 2023 and troughed at $39.6 million in Q4 2021.
• A 5-year average of $85.4 million and a median of $84.2 million in 2024 frame the typical range for Payables.
• The sharpest annual moves came in 2022 and 2024: Payables surged 82.44% in 2022, then declined 19.98% in 2024.
• A 5-year view of Payables shows it stood at $39.6 million in 2021, then jumped by 82.44% to $72.2 million in 2022, then jumped by 45.82% to $105.3 million in 2023, then decreased by 19.98% to $84.2 million in 2024, then retreated by 0.54% to $83.8 million in 2025.
• Business Quant data shows THCH's Payables at $83.8 million in Q4 2025, $84.2 million in Q4 2024, and $94.0 million in Q1 2024.