VNET (VNET Group) Accounts Payable : $112 Mil (As of Mar. 2025)

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What is VNET Group Accounts Payable?

VNET Group's Accounts Payable for the quarter that ended in Mar. 2025 was $112 Mil.

VNET Group's quarterly Accounts Payable declined from Sep. 2024 ($103 Mil) to Dec. 2024 ($97 Mil) but then increased from Dec. 2024 ($97 Mil) to Mar. 2025 ($112 Mil).

VNET Group's annual Accounts Payable declined from Dec. 2022 ($102 Mil) to Dec. 2023 ($98 Mil) and declined from Dec. 2023 ($98 Mil) to Dec. 2024 ($97 Mil).

VNET Group Accounts Payable Historical Data

The historical data trend for VNET Group'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.

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VNET Group Accounts Payable Chart

VNET Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable

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44.25

77.48

102.36

97.50

97.42

VNET Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable	Get a 7-Day Free Trial															107.46	100.19	102.93	97.42	112.20

VNET Group 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.

VNET Group Accounts Payable Related Terms

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VNET Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VNET Group Inc (NAS:VNET) » Definitions » Accounts Payable

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Traded in Other Exchanges

217A:Germany

Address

No. 10 Jiuxianqiao East Road, Guanjie Building Southeast 1st Floor, Chaoyang District, Beijing, CHN, 100016

Website

https://www.vnet.com

VNET started as AsiaCloud in 1999 and moved to the data center business with its first self-developed data center opening 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 March 2025, it had 51,960 retail cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 573 MW of wholesale capacity in service with a further 377 MW under construction and a further 670 MW held for future development.