TH International (THCH) Payables (2021 - 2025)
TH International (THCH) reported Payables of $83.8 million for Q4 2025, down 0.54% year-over-year from $84.2 million in Q4 2024, and down 0.54% on a QoQ basis from $84.2 million in Q4 2024.
TH International (THCH) has 5 years of Payables data on file, last reported at $83.8 million in Q4 2025.
- Quarterly Payables fell 0.54% year-over-year to $83.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $83.8 million (down 0.54% YoY) and the FY2025 annual result came in at $82.7 million, down 1.81% from the prior year.
- Payables fell to $83.8 million in Q4 2025 per THCH's latest filing, from $84.2 million in the prior quarter.
- Across five years, Payables topped out at $118.7 million in Q3 2023 and bottomed at $39.6 million in Q4 2021.
- The 5-year median for Payables is $84.2 million (2024), against an average of $85.4 million.
- The widest annual swing landed in 2022, when Payables soared 82.44%; it then slipped 19.98% in 2024.
- Tracing THCH's Payables over 5 years: stood at $39.6 million in 2021, then surged by 82.44% to $72.2 million in 2022, then surged by 45.82% to $105.3 million in 2023, then fell by 19.98% to $84.2 million in 2024, then declined by 0.54% to $83.8 million in 2025.
- Per Business Quant, the three latest THCH Payables figures stand at $83.8 million (Q4 2025), $84.2 million (Q4 2024), and $94.0 million (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | 1.67 Bn |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | 3.08 Bn |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 247.29 Mn |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 813.00 Mn |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 741.40 Mn |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 2.28 Bn |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 169.96 Mn |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 192.91 Mn |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | 37.49 Mn |
| 10 | TH International | 9.22 Mn | -9.96 Mn | 38.17 Mn | 83.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 83.78 Mn |
| Dec 31, 2024 | 84.24 Mn |
| Mar 31, 2024 | 94.00 Mn |
| Dec 31, 2023 | 105.28 Mn |
| Sep 30, 2023 | 118.71 Mn |
| Dec 31, 2022 | 72.20 Mn |
| Dec 31, 2021 | 39.57 Mn |