Zkh (ZKH) Receivables (2022 - 2025)

Zkh (ZKH) reported Receivables of $481.8 million for Q4 2025, up 11.99% on a YoY basis from $430.2 million in Q4 2024, and up 11.99% quarter-over-quarter from $430.2 million in Q4 2024.

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

Zkh has reported Receivables for 4 years, with the latest figure at $481.8 million in Q4 2025.

  • For the quarter ending Q4 2025, Receivables rose 11.99% year-over-year to $481.8 million; the trailing twelve-month figure through Dec 2025 stood at $481.8 million (up 11.99% YoY), and the FY2025 full-year result was $481.8 million, up 11.99% from the prior year.
  • Receivables for Q4 2025 stood at $481.8 million, up from $430.2 million in the prior quarter.
  • The five-year high for Receivables was $520.4 million in Q4 2023, with the low at $430.2 million in Q4 2024.
  • Historically, Receivables has averaged $469.3 million across 4 years, with a median of $463.3 million in 2025.
  • Annual changes were most pronounced in 2023 — Receivables advanced 16.97% — and 2024, when it retreated 17.33%.
  • Zkh's Receivables stood at $444.9 million in 2022, then increased by 16.97% to $520.4 million in 2023, then dropped by 17.33% to $430.2 million in 2024, then grew by 11.99% to $481.8 million in 2025.
  • The last three Receivables figures came in at $481.8 million (Q4 2025), $430.2 million (Q4 2024), and $520.4 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 75.53 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 370.00 Mn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 1.24 Bn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 747.36 Mn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 456.00 Mn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 351.00 Mn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn 158.00 Mn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 1.10 Bn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 231.90 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 481.78 Mn
Dec 31, 2024 430.22 Mn
Dec 31, 2023 520.39 Mn
Dec 31, 2022 444.87 Mn