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

Vipshop Holdings' Notes Payables history runs 16 years deep, the most recent figure standing at $950.9 million for Q1 2026.

• In Q1 2026, Notes Payables rose 55.53% year-over-year to $950.9 million; the TTM figure through Mar 2026 stood at $950.9 million (up 55.53% YoY), while the FY2025 annual figure was $835.8 million, up 154.23% from the prior year.
• Notes Payables was $950.9 million for Q1 2026 at Vipshop Holdings, up from $824.0 million in the prior quarter.
• In the past five years, Notes Payables ranged from a high of $1.1 billion in Q3 2025 to a low of $70.1 million in Q2 2023.
• Historically, Notes Payables has averaged $463.1 million across 5 years, with a median of $342.0 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Notes Payables surged 1528.25% in 2022, then slumped 73.62% in 2023.
• A 5-year view of Notes Payables shows it stood at $377.9 million in 2022, then tumbled by 47.6% to $198.0 million in 2023, then soared by 68.72% to $334.1 million in 2024, then jumped by 146.67% to $824.0 million in 2025, then advanced by 15.4% to $950.9 million in 2026.
• The last three Notes Payables figures came in at $950.9 million (Q1 2026), $824.0 million (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.