Electrovaya (ELVA) Payables (2021 - 2026)
Electrovaya's (ELVA) quarterly Payables came in at $9.3 million in Q2 2026, down 5.32% year-over-year from $9.8 million in Q2 2025, and up 14.65% quarter-over-quarter from $8.1 million in Q1 2026.
Analysis
Electrovaya (ELVA) Payables (2021 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported Payables for 6 consecutive years, with $9.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payables fell 5.32% year-over-year to $9.3 million in Q2 2026; TTM through Jun 2026 was $9.3 million, a 5.32% decrease from a year earlier, with the FY2025 full-year figure at $9.6 million, down 13.65% from the prior year.
- Payables was $9.3 million for Q2 2026 at Electrovaya, up from $8.1 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 $8.1 million and a median of $9.3 million in 2026 frame the typical range for Payables.
- Across the five-year window, Payables soared 111268.02% in 2022 and tumbled 112.92% in 2025, its largest moves.
- Over 5 years, Payables stood at $5.2 million in 2022, then soared by 128.49% to $11.9 million in 2023, then dropped by 6.7% to $11.1 million in 2024, then dropped by 9.67% to $10.0 million in 2025, then retreated by 7.1% to $9.3 million in 2026.
- The last three Payables figures came in at $9.3 million (Q2 2026), $8.1 million (Q1 2026), and $10.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 363.83 Mn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - | 6.34 Mn |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn | 105.60 Mn |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn | 295.06 Mn |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn | 14.99 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | 12.17 Mn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn | 9.76 Mn |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn | 9.31 Mn |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn | 166.84 Mn |
| 10 | Ses Ai | 176.50 Mn | 176.50 Mn | 1.15 Mn | 6.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.31 Mn |
| 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 | 7.98 Mn |
| Sep 30, 2023 | 11.89 Mn |
| Jun 30, 2023 | 7.40 Mn |
| Sep 30, 2022 | 5.20 Mn |
| Oct 1, 2021 | 4,671.00 |