Electrovaya (ELVA) Payables (2021 - 2026)
Electrovaya (ELVA) posted quarterly Payables of $8.1 million for Q1 2026, up 984.31% year-over-year from $748676.3 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 reported Payables for 6 consecutive years, with $8.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Payables rose 984.31% year-over-year to $8.1 million; the TTM figure through Mar 2026 stood at $8.1 million (up 984.31% YoY), while the FY2025 annual figure was $9.7 million, up 1.09% from the prior year.
- Payables eased to $8.1 million in Q1 2026 per ELVA's latest filing, from $10.0 million in the prior quarter.
- Across five years, Payables topped out at $11.9 million in Q3 2023 and bottomed at -$918000.0 in Q1 2025.
- Historically, Payables has averaged $7.5 million across 5 years, with a median of $9.6 million in 2024.
- Annual changes were most pronounced in 2022 — Payables jumped 113280.43% — and 2024, when it dropped 19.05%.
- Electrovaya's Payables stood at $5.3 million in 2022, then soared by 124.26% to $11.9 million in 2023, then fell by 19.05% to $9.6 million in 2024, then rose by 4.19% to $10.0 million in 2025, then slipped 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 $9.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 2.47 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 309.93 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 650.50 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 496.00 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 316.30 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 363.90 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 86.57 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 363.83 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 144.26 Mn |
| 10 | Electrovaya | 326.66 Mn | 303.12 Mn | 6.04 Mn | 8.12 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 |
| Sep 30, 2023 | 11.88 Mn |
| Jun 30, 2023 | 11.20 Mn |
| Mar 31, 2023 | 7.69 Mn |
| Sep 30, 2022 | 5.30 Mn |
| Jun 30, 2022 | -575,000.00 |
| Oct 1, 2021 | 4,671.00 |