Vipshop Holdings (MEX:VIPS N) Accounts Payable: MXN29,837 Mil (As of Mar. 2026)

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MEX:VIPS N Vipshop Holdings Ltd MEX:VIPS N
74 GF Score
Price MXN235.00
GF Value MXN280.39
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Vipshop Holdings Accounts Payable?

Vipshop Holdings MEX:VIPS N 74 Accounts Payable is MXN29,837 Mil as of Mar. 2026. GuruFocus rates MEX:VIPS N with a GF Score™ of 74/100 and a GF Value™ of MXN280.39 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Vipshop Holdings's Accounts Payable for the quarter that ended in Mar. 2026 was MXN29,837 Mil.

Vipshop Holdings's quarterly Accounts Payable increased from Sep. 2025 (MXN30,061 Mil) to Dec. 2025 (MXN32,049 Mil) but then declined from Dec. 2025 (MXN32,049 Mil) to Mar. 2026 (MXN29,837 Mil).

Vipshop Holdings's annual Accounts Payable increased from Dec. 2023 (MXN41,030 Mil) to Dec. 2024 (MXN43,514 Mil) but then declined from Dec. 2024 (MXN43,514 Mil) to Dec. 2025 (MXN32,049 Mil).

Vipshop Holdings Accounts Payable Related Terms

Vipshop Holdings Accounts Payable Historical Data

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The historical data trend for Vipshop Holdings's Accounts Payable 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.

Vipshop Holdings Accounts Payable Chart

Vipshop Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42,336.71 41,997.45 41,030.40 43,513.64 32,049.49

Vipshop Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable 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 35,022.79 30,767.64 30,061.40 32,049.49 29,837.00
MEX:VIPS N
74GF Score
Vipshop Holdings Ltd MEX:VIPS N
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vipshop Holdings Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of MXN29,837 Mil mean?
Vipshop Holdings (MEX:VIPS N) has a Accounts Payable of MXN29,837 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Vipshop Holdings and its competitors.
Is Vipshop Holdings' Accounts Payable too high?
Vipshop Holdings' current Accounts Payable is MXN29,837 Mil. Overall, Vipshop Holdings has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vipshop Holdings' Accounts Payable compare to GLBE and ETSY?
Vipshop Holdings' Accounts Payable of MXN29,837 Mil can be compared against companies in the Retail - Cyclical 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 for a Retail - Cyclical company?
A good Accounts Payable depends on the Retail - Cyclical industry context. However, Accounts Payable 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 mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Vipshop Holdings and its competitors. Vipshop Holdings's current Accounts Payable is MXN29,837 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vipshop Holdings stock overvalued right now?
Based on GuruFocus' analysis, Vipshop Holdings (MEX:VIPS N) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN280.39, compared to a current price of MXN235.00 — trading 16.2% below its estimated fair value. The current Accounts Payable is MXN29,837 Mil. Vipshop Holdings' overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Vipshop Holdings (MEX:VIPS N), the current Accounts Payable is MXN29,837 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 Vipshop Holdings (MEX:VIPS N) Overvalued in 2026?

Based on GuruFocus' analysis, Vipshop Holdings stock appears to be undervalued. The current stock price of MXN235.00 is trading 16.2% below its estimated GF Value™ of MXN280.39. GuruFocus considers Vipshop Holdings to be Modestly Undervalued.

Key valuation signals for MEX:VIPS N:

  • Accounts Payable: MXN29,837 Mil
  • GF Value™: MXN280.39 vs. price of MXN235.00 (16.2% below fair value)
  • GF Score™: 74/100 with 2 warning signs

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

Vipshop Holdings Business Description

Address 128 Dingxin Road, Haizhu District, Guangdong Province, Guangzhou, CHN, 510220
Vipshop is a leading Chinese online discount retailer offering branded products at attractive discounts of 10%-90% off their original price through daily flash sales. It operates warehousing, retailing, product procurement, software development, and information technology support in-house while outsourcing to third-party logistics providers for distribution and shipments. Branded products on Vipshop's platform are sourced mostly through a consignment model with global brand partners. As of March 31, 2025, Eric Ya Shen, chair and CEO, had 64.5% voting rights. Leading Chinese social media firm and strategic shareholder Tencent also holds a 12.5% interest.
74GF Score

Get the complete analysis for MEX:VIPS N

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

MXN235.00
Price
MXN280.39
GF Value