Electrovaya (ELVA) Payables (2021 - 2026)

Electrovaya (ELVA) reported Payables of $8.1 million for Q1 2026, up 887.39% year-over-year from $822166.8 in Q1 2025, and down 18.97% quarter-over-quarter from $10.0 million in Q4 2025.

Electrovaya (ELVA) Payables (2021 - 2026) Analysis & Trends

Electrovaya (ELVA) has 6 years of Payables data on file, last reported at $8.1 million in Q1 2026.

  • Payables for Q1 2026 came in at $8.1 million, up 887.39% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.1 million (up 887.39% YoY), and the FY2025 annual result was $9.6 million, down 13.65% from the prior year.
  • Payables fell to $8.1 million in Q1 2026 per ELVA's latest filing, from $10.0 million in the prior quarter.
  • Over five years, Payables peaked at $11.9 million in Q3 2023 and troughed at -$1.0 million in Q1 2025.
  • A 5-year average of $7.8 million and a median of $9.8 million in 2025 frame the typical range for Payables.
  • The sharpest annual moves came in 2022 and 2025: Payables jumped 113280.43% in 2022, then slumped 109.58% in 2025.
  • A 5-year view of Payables shows it stood at $5.3 million in 2022, then surged by 124.26% to $11.9 million in 2023, then decreased by 6.63% to $11.1 million in 2024, then declined by 9.67% to $10.0 million in 2025, then decreased by 18.97% to $8.1 million in 2026.
  • Business Quant data shows ELVA's Payables at $8.1 million in Q1 2026, $10.0 million in Q4 2025, and $9.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 75.39 Mn
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 1.95 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 241.65 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 422.00 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 605.50 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 272.10 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 75.14 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 28.79 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 354.60 Mn
10 Electrovaya 192,800.01 -23.34 Mn 6.04 Mn 8.12 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 8.12 Mn
Dec 31, 2025 10.02 Mn
Sep 30, 2025 9.58 Mn
Jun 30, 2025 9.83 Mn
Mar 31, 2025 -1.03 Mn
Sep 30, 2024 11.09 Mn
Mar 31, 2024 10.77 Mn
Sep 30, 2023 11.88 Mn
Jun 30, 2023 11.20 Mn
Sep 30, 2022 5.30 Mn
Jun 30, 2022 -575,000.00
Oct 1, 2021 4,671.00