Electrovaya (ELVA) Payables (2021 - 2026)
Electrovaya's (ELVA) quarterly Payables came in at $8.1 million in Q1 2026, up 984.31% year-on-year from $748676.3 in Q1 2025, and down 18.97% on a QoQ basis 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.
- On a quarterly basis, Payables rose 984.31% year-over-year to $8.1 million in Q1 2026; TTM through Mar 2026 was $8.1 million, a 984.31% increase from a year earlier, with the FY2025 full-year figure at $9.7 million, up 1.09% from the prior year.
- Payables for Q1 2026 stood at $8.1 million, down from $10.0 million in the prior quarter.
- Over the last five years, Payables for ELVA reached as high as $11.2 million in Q2 2023 and fell as low as -$918000.0 in Q1 2025.
- Historically, Payables has averaged $7.0 million across 5 years, with a median of $9.6 million in 2024.
- Across the five-year window, Payables jumped 12360.78% in 2022 and slumped 110.31% in 2025, its largest moves.
- Year by year, Payables stood at $582043.0 in 2022, then surged by 1602.45% to $9.9 million in 2023, then dropped by 2.97% to $9.6 million in 2024, then advanced by 4.19% to $10.0 million in 2025, then declined by 18.97% to $8.1 million in 2026.
- Per Business Quant data, the three most recent Payables figures were $8.1 million in Q1 2026, $10.0 million in Q4 2025, and $9.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 8.12 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 1.95 Bn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 241.65 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 605.50 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 422.00 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 272.10 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 363.90 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 75.14 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 383.39 Mn |
| 10 | Hayward Holdings | 3.13 Bn | 2.90 Bn | 118.70 Mn | 86.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.12 Mn |
| Dec 31, 2025 | 10.02 Mn |
| Sep 30, 2025 | 9.72 Mn |
| Jun 30, 2025 | 10.08 Mn |
| Mar 31, 2025 | -918,000.00 |
| Sep 30, 2024 | 9.62 Mn |
| Mar 31, 2024 | 8.91 Mn |
| Sep 30, 2023 | 9.91 Mn |
| Jun 30, 2023 | 11.20 Mn |
| Sep 30, 2022 | 582,043.00 |
| Jun 30, 2022 | -575,000.00 |
| Oct 1, 2021 | 4,671.00 |