Vipshop Holdings (VIPS) Payables (2011 - 2026)

Vipshop Holdings has reported Payables for 15 years, with the latest figure at $2.6 billion in Q4 2025.

• For the quarter ending Q4 2025, Payables rose 5.83% year-over-year to $2.6 billion; the trailing twelve-month figure through Dec 2025 stood at $2.6 billion (up 5.83% YoY), and the FY2025 full-year result was $2.6 billion, up 6.14% from the prior year.
• Payables for Q4 2025 stood at $2.6 billion, up from $1.1 billion in the prior quarter.
• The five-year high for Payables was $2.6 billion in Q4 2023, with the low at $18.9 million in Q1 2021.
• Average Payables over 5 years is $945.4 million, with a median of $347.7 million recorded in 2024.
• Year-over-year, Payables sank 92.91% in 2021 and surged 1509.06% in 2022.
• Tracing VIPS's Payables over 5 years: stood at $2.4 billion in 2021, then advanced by 5.27% to $2.5 billion in 2022, then rose by 4.24% to $2.6 billion in 2023, then fell by 5.64% to $2.4 billion in 2024, then increased by 5.83% to $2.6 billion in 2025.
• The last three Payables figures came in at $2.6 billion (Q4 2025), $1.1 billion (Q3 2025), and $921.2 million (Q2 2025), per Business Quant data.

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