ZTO Express (Cayman) (ZTO) Payables (2015 - 2026)

ZTO Express (Cayman) has disclosed Payables across 12 years of filings, most recently posting $650.4 million for Q1 2026.

• Payables for Q1 2026 came in at $650.4 million, up 2.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $650.4 million (up 2.99% YoY), and the FY2025 annual result was $1.9 billion, up 41.0% from the prior year.
• Payables came in at $650.4 million for Q1 2026 at ZTO Express (Cayman), down from $1.9 billion in the prior quarter.
• In the past five years, Payables ranged from a high of $1.9 billion in Q4 2025 to a low of $266.2 million in Q2 2023.
• The 5-year median for Payables is $630.8 million (2023), against an average of $810.7 million.
• Across the five-year window, Payables soared 104141.47% in 2022 and slumped 75.47% in 2023, its largest moves.
• ZTO Express (Cayman)'s Payables stood at $338.0 million in 2022, then jumped by 324.2% to $1.4 billion in 2023, then gained by 16.42% to $1.7 billion in 2024, then climbed by 14.28% to $1.9 billion in 2025, then plunged by 65.91% to $650.4 million in 2026.
• The last three Payables figures came in at $650.4 million (Q1 2026), $1.9 billion (Q4 2025), and $559.2 million (Q3 2025), per Business Quant data.