ZTO Express (Cayman) (ZTO) Payables (2015 - 2026)
ZTO Express (Cayman)'s (ZTO) quarterly Payables came in at $477.6 million in Q2 2026, up 34.87% year-over-year from $354.1 million in Q2 2025, and down 28.05% quarter-over-quarter from $663.8 million in Q1 2026.
Analysis
ZTO Express (Cayman) (ZTO) Payables (2015 - 2026) Analysis & Trends
ZTO Express (Cayman) has disclosed Payables across 12 years of filings, most recently posting $477.6 million for Q2 2026.
- In Q2 2026, Payables rose 34.87% year-over-year to $477.6 million; the TTM figure through Jun 2026 stood at $477.6 million (up 34.87% YoY), while the FY2025 annual figure was $472.2 million, down 71.26% from the prior year.
- Payables came in at $477.6 million for Q2 2026 at ZTO Express (Cayman), down from $663.8 million in the prior quarter.
- In the past five years, Payables ranged from a high of $859.4 million in Q1 2024 to a low of $224.2 million in Q2 2022.
- Average Payables over 5 years is $457.7 million, with a median of $432.8 million recorded in 2023.
- Year-over-year, Payables soared 97.78% in 2022 and declined 24.31% in 2025.
- Over 5 years, Payables stood at $309.9 million in 2022, then increased by 25.18% to $387.9 million in 2023, then slipped by 3.82% to $373.1 million in 2024, then climbed by 28.23% to $478.5 million in 2025, then dropped by 0.18% to $477.6 million in 2026.
- Per Business Quant data, the three most recent Payables figures were $477.6 million in Q2 2026, $663.8 million in Q1 2026, and $478.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 84.59 Bn | 79.94 Bn | 19.65 Bn | 5.98 Bn |
| 2 | Fedex | 73.62 Bn | 60.31 Bn | 18.84 Bn | 5.07 Bn |
| 3 | ZTO Express (Cayman) | 16.53 Bn | 11.93 Bn | 550.21 Mn | 477.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 477.59 Mn |
| Mar 31, 2026 | 663.76 Mn |
| Dec 31, 2025 | 478.47 Mn |
| Sep 30, 2025 | 576.61 Mn |
| Jun 30, 2025 | 354.11 Mn |
| Mar 31, 2025 | 650.51 Mn |
| Dec 31, 2024 | 373.14 Mn |
| Sep 30, 2024 | 594.53 Mn |
| Jun 30, 2024 | 328.13 Mn |
| Mar 31, 2024 | 859.41 Mn |
| Dec 31, 2023 | 387.95 Mn |
| Sep 30, 2023 | 302.96 Mn |
| Jun 30, 2023 | 303.77 Mn |
| Mar 31, 2023 | 618.71 Mn |
| Dec 31, 2022 | 309.92 Mn |
| Sep 30, 2022 | 255.51 Mn |
| Jun 30, 2022 | 224.22 Mn |
| Mar 31, 2022 | 479.69 Mn |
| Dec 31, 2021 | 309.85 Mn |
| Sep 30, 2021 | 255.00 Mn |