Electrovaya (ELVA) Receivables (2021 - 2026)
Electrovaya (ELVA) posted quarterly Receivables of $19.5 million for Q1 2026, up 387.1% year-over-year from $4.0 million in Q1 2025, and up 39.42% quarter-over-quarter from $14.0 million in Q4 2025.
Electrovaya (ELVA) Receivables (2021 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported Receivables for 6 consecutive years, with $19.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Receivables rose 387.1% year-over-year to $19.5 million; the TTM figure through Mar 2026 stood at $19.5 million (up 387.1% YoY), while the FY2025 annual figure was $19.2 million, up 59.34% from the prior year.
- Receivables rose to $19.5 million in Q1 2026 per ELVA's latest filing, from $14.0 million in the prior quarter.
- Across five years, Receivables topped out at $21.0 million in Q2 2025 and bottomed at -$6.8 million in Q1 2025.
- Historically, Receivables has averaged $9.1 million across 5 years, with a median of $10.5 million in 2023.
- Annual changes were most pronounced in 2024 — Receivables slumped 99.92% — and 2025, when it soared 256990.33%.
- Electrovaya's Receivables stood at $2.9 million in 2022, then jumped by 273.08% to $10.9 million in 2023, then increased by 11.07% to $12.1 million in 2024, then gained by 15.68% to $14.0 million in 2025, then surged by 39.42% to $19.5 million in 2026.
- Business Quant data shows ELVA's Receivables at $19.5 million in Q1 2026, $14.0 million in Q4 2025, and $19.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 3.75 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 823.59 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 969.30 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 1.22 Bn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 403.60 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 610.90 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 478.41 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 554.31 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 158.52 Mn |
| 10 | Electrovaya | 328.13 Mn | 304.60 Mn | 6.04 Mn | 18.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.47 Mn |
| Dec 31, 2025 | 13.96 Mn |
| Sep 30, 2025 | 19.23 Mn |
| Jun 30, 2025 | 20.98 Mn |
| Mar 31, 2025 | -6.78 Mn |
| Sep 30, 2024 | 12.07 Mn |
| Jun 30, 2024 | 8,159.00 |
| Sep 30, 2023 | 10.87 Mn |
| Jun 30, 2023 | 10.15 Mn |
| Mar 31, 2023 | 8.18 Mn |
| Sep 30, 2022 | 2.91 Mn |
| Jun 30, 2022 | -1.64 Mn |
| Oct 1, 2021 | 1,341.00 |