VNET (VNET Group) Accounts Payable & Accrued Expense: $992 Mil (As of Mar. 2026)

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VNET VNET Group Inc VNET
57 GF Score
Price $7.01
GF Value $4.37
Valuation Significantly Overvalued
! 8 Warning Signs
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What is VNET Group Accounts Payable & Accrued Expense?

VNET Group VNET -2.84% 57 Accounts Payable & Accrued Expense is $992 Mil as of Mar. 2026. GuruFocus rates VNET with a GF Score™ of 57/100 and a GF Value™ of $4.37 (Significantly Overvalued). The stock has 8 warning signs investors should review.

VNET Group's quarterly accounts payable & accrued expense declined from Sep. 2025 ($849 Mil) to Dec. 2025 ($727 Mil) but then increased from Dec. 2025 ($727 Mil) to Mar. 2026 ($992 Mil).

VNET Group's annual accounts payable & accrued expense increased from Dec. 2023 ($489 Mil) to Dec. 2024 ($601 Mil) and increased from Dec. 2024 ($601 Mil) to Dec. 2025 ($727 Mil).

VNET Group Accounts Payable & Accrued Expense Historical Data

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The historical data trend for VNET Group's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VNET Group Accounts Payable & Accrued Expense Chart

VNET Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 404.19 403.43 489.01 600.74 727.37

VNET Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 682.92 709.85 848.72 727.37 991.83
VNET
57GF Score
VNET Group Inc VNET
Accounts Payable & Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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VNET Group Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

What does a Accounts Payable & Accrued Expense of $992 Mil mean?
VNET Group (VNET) has a Accounts Payable & Accrued Expense of $992 Mil as of Mar. 2026. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on VNET Group and its competitors.
Is VNET Group's Accounts Payable & Accrued Expense too high?
VNET Group's current Accounts Payable & Accrued Expense is $992 Mil. Overall, VNET Group has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VNET Group's Accounts Payable & Accrued Expense compare to INOD and SHAZ?
VNET Group's Accounts Payable & Accrued Expense of $992 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for a Software company?
A good Accounts Payable & Accrued Expense depends on the Software industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on VNET Group and its competitors. VNET Group's current Accounts Payable & Accrued Expense is $992 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNET Group stock overvalued right now?
Based on GuruFocus' analysis, VNET Group (VNET) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.37, compared to a current price of $7.01 — trading 60.4% above its estimated fair value. The current Accounts Payable & Accrued Expense is $992 Mil. VNET Group's overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For VNET Group (VNET), the current Accounts Payable & Accrued Expense is $992 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VNET Group (VNET) Overvalued in 2026?

Based on GuruFocus' analysis, VNET Group stock appears to be overvalued. The current stock price of $7.01 is trading 60.4% above its estimated GF Value™ of $4.37. GuruFocus considers VNET Group to be Significantly Overvalued.

Key valuation signals for VNET:

  • Accounts Payable & Accrued Expense: $992 Mil
  • GF Value™: $4.37 vs. price of $7.01 (60.4% above fair value)
  • GF Score™: 57/100 with 8 warning signs

No single metric tells the full story. See the VNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

VNET Group Business Description

Other Exchanges 217A:Germany
Address No. 10 Jiuxianqiao East Road, Guanjie Building Southeast 1st Floor, Chaoyang District, Beijing, CHN, 100016
VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of December 2025, it had 49,863 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 889 MW of wholesale capacity in service, with a further 452 MW under construction and a further 840 MW held for future development.
57GF Score

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Accounts Payable & Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.01
Price
$4.37
GF Value