Vipshop Holdings (VIPS) Notes Payables (2011 - 2026)

Vipshop Holdings has reported Notes Payables for 15 years, with the latest figure at $824.0 million in Q4 2025.

• For the quarter ending Q4 2025, Notes Payables rose 146.67% year-over-year to $824.0 million; the trailing twelve-month figure through Dec 2025 stood at $824.0 million (up 146.67% YoY), and the FY2025 full-year result was $835.8 million, up 154.23% from the prior year.
• Notes Payables for Q4 2025 stood at $824.0 million, down from $1.1 billion in the prior quarter.
• The five-year high for Notes Payables was $1.1 billion in Q3 2025, with the low at $18.7 million in Q1 2021.
• Average Notes Payables over 5 years is $396.2 million, with a median of $308.9 million recorded in 2021.
• Year-over-year, Notes Payables tumbled 92.89% in 2021 and jumped 1528.25% in 2022.
• Tracing VIPS's Notes Payables over 5 years: stood at $308.9 million in 2021, then gained by 22.31% to $377.9 million in 2022, then slumped by 47.6% to $198.0 million in 2023, then jumped by 68.72% to $334.1 million in 2024, then surged by 146.67% to $824.0 million in 2025.
• The last three Notes Payables figures came in at $824.0 million (Q4 2025), $1.1 billion (Q3 2025), and $930.1 million (Q2 2025), per Business Quant data.

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