Zkh (ZKH) Payables (2022 - 2026)
Zkh's (ZKH) quarterly Payables came in at $359133.4 in Q1 2026, up 12.96% YoY from $317932.7 in Q1 2025, and down 98.95% on a QoQ basis from $34.2 million in Q4 2025.
Analysis
Zkh (ZKH) Payables (2022 - 2026) Analysis & Trends
Zkh (ZKH) has 5 years of Payables data on file, last reported at $359133.4 in Q1 2026.
- Quarterly Payables rose 12.96% year-over-year to $359133.4 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $359133.4 (up 12.96% YoY) and the FY2025 annual result came in at $34.2 million, up 2407.78% from the prior year.
- Payables fell to $359133.4 in Q1 2026, from $34.2 million in the prior quarter.
- In the past five years, Payables ranged from a high of $400.5 million in Q4 2023 to a low of $317932.7 in Q1 2025.
- A 5-year average of $104.9 million and a median of $359133.4 in 2026 frame the typical range for Payables.
- Annual changes were most pronounced in 2025 — Payables slumped 90.4% — and 2026, when it rose 12.96%.
- Tracing ZKH's Payables over 5 years: stood at $360.8 million in 2022, then increased by 10.99% to $400.5 million in 2023, then declined by 10.98% to $356.5 million in 2024, then tumbled by 90.4% to $34.2 million in 2025, then slumped by 98.95% to $359133.4 in 2026.
- The last three Payables figures came in at $359133.4 (Q1 2026), $34.2 million (Q4 2025), and $351325.2 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,742.86 Bn | 2,619.88 Bn | 198.88 Bn | 147.44 Bn |
| 2 | PDD Holdings | 116.24 Bn | -48,010.17 Bn | 9.45 Bn | 11.48 Bn |
| 3 | Mercadolibre | 99.45 Bn | 84.25 Bn | 4.16 Bn | 5.74 Bn |
| 4 | DoorDash | 98.02 Bn | 92.67 Bn | 2.35 Bn | 301.00 Mn |
| 5 | Sea | 67.10 Bn | 58.70 Bn | 3.55 Bn | 814.22 Mn |
| 6 | Ebay | 46.73 Bn | 43.42 Bn | 2.30 Bn | 353.00 Mn |
| 7 | JD.com | 39.68 Bn | 7.13 Bn | 16.50 Bn | 33.63 Bn |
| 8 | Coupang | 28.45 Bn | 22.34 Bn | 2.49 Bn | 8.31 Bn |
| 9 | Wayfair | 12.37 Bn | 11.23 Bn | 1.05 Bn | 1.32 Bn |
| 10 | Zkh | 557.23 Mn | 317.17 Mn | 63.09 Mn | 445.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 445.21 Mn |
| Mar 31, 2026 | 392.34 Mn |
| Dec 31, 2025 | 417.19 Mn |
| Sep 30, 2025 | 393.24 Mn |
| Jun 30, 2025 | 371.55 Mn |
| Mar 31, 2025 | 340.05 Mn |
| Dec 31, 2024 | 398.77 Mn |
| Sep 30, 2024 | 421.04 Mn |
| Jun 30, 2024 | 440.66 Mn |
| Mar 31, 2024 | 427.20 Mn |
| Dec 31, 2023 | 481.71 Mn |
| Dec 31, 2022 | 395.96 Mn |