Zkh (ZKH) Payables (2022 - 2025)

Zkh (ZKH) reported Payables of $417.2 million for Q4 2025, up 4.62% on a YoY basis from $398.8 million in Q4 2024, and up 4.62% quarter-over-quarter from $398.8 million in Q4 2024.

Zkh (ZKH) Payables (2022 - 2025) Analysis & Trends

Zkh has reported Payables for 4 years, with the latest figure at $417.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Payables rose 4.62% year-over-year to $417.2 million; the trailing twelve-month figure through Dec 2025 stood at $417.2 million (up 4.62% YoY), and the FY2025 full-year result was $417.2 million, up 4.62% from the prior year.
  • Payables for Q4 2025 stood at $417.2 million, up from $398.8 million in the prior quarter.
  • The five-year high for Payables was $417.2 million in Q4 2025, with the low at $360.8 million in Q4 2022.
  • Historically, Payables has averaged $394.6 million across 4 years, with a median of $400.2 million in 2024.
  • Annual changes were most pronounced in 2023 — Payables climbed 11.3% — and 2024, when it decreased 0.7%.
  • Zkh's Payables stood at $360.8 million in 2022, then rose by 11.3% to $401.6 million in 2023, then slipped by 0.7% to $398.8 million in 2024, then advanced by 4.62% to $417.2 million in 2025.
  • The last three Payables figures came in at $417.2 million (Q4 2025), $398.8 million (Q4 2024), and $401.6 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 124.75 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 5.04 Bn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 268.00 Mn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 7.10 Bn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 311.00 Mn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 7.64 Bn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn 1.09 Bn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 48.00 Mn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 1.31 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 417.19 Mn
Dec 31, 2024 398.77 Mn
Dec 31, 2023 401.60 Mn
Dec 31, 2022 360.81 Mn