Microvast Holdings (MVST) Accounts Payables (2018 - 2026)
Microvast Holdings (MVST) posted Accounts Payables of $62.6 million for Q2 2026, up 35.09% on a QoQ basis from $46.4 million in Q1 2026, and down 13.6% year-over-year from $72.5 million in Q2 2025.
Analysis
Microvast Holdings (MVST) Accounts Payables (2018 - 2026) Analysis & Trends
Microvast Holdings has reported Accounts Payables for 9 years, with the latest figure at $62.6 million in Q2 2026.
- On a quarterly basis, Accounts Payables fell 13.6% year-over-year to $62.6 million in Q2 2026; TTM through Jun 2026 was $62.6 million, a 13.6% decrease from a year earlier, with the FY2025 full-year figure at $47.0 million, down 27.62% from the prior year.
- Accounts Payables was $62.6 million for Q2 2026 at Microvast Holdings, up from $46.4 million in the prior quarter.
- The five-year high for Accounts Payables was $112.6 million in Q4 2023, with the low at $32.0 million in Q1 2022.
- Average Accounts Payables over 5 years is $60.8 million, with a median of $58.3 million recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Accounts Payables surged 4912.66% in 2022, then slumped 42.34% in 2024.
- Over 5 years, Accounts Payables stood at $45.0 million in 2022, then soared by 150.35% to $112.6 million in 2023, then plunged by 42.34% to $64.9 million in 2024, then slipped by 27.62% to $47.0 million in 2025, then surged by 33.27% to $62.6 million in 2026.
- The last three Accounts Payables figures came in at $62.6 million (Q2 2026), $46.4 million (Q1 2026), and $47.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 335.16 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 | 62.64 Mn |
| 10 | Ses Ai | 176.50 Mn | 176.50 Mn | 1.15 Mn | 5.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.64 Mn |
| Mar 31, 2026 | 46.37 Mn |
| Dec 31, 2025 | 47.00 Mn |
| Sep 30, 2025 | 59.80 Mn |
| Jun 30, 2025 | 72.50 Mn |
| Mar 31, 2025 | 56.77 Mn |
| Dec 31, 2024 | 64.94 Mn |
| Sep 30, 2024 | 65.59 Mn |
| Jun 30, 2024 | 79.89 Mn |
| Mar 31, 2024 | 83.07 Mn |
| Dec 31, 2023 | 112.62 Mn |
| Sep 30, 2023 | 95.29 Mn |
| Jun 30, 2023 | 54.32 Mn |
| Mar 31, 2023 | 41.24 Mn |
| Dec 31, 2022 | 44.99 Mn |
| Sep 30, 2022 | 35.97 Mn |
| Jun 30, 2022 | 39.58 Mn |
| Mar 31, 2022 | 32.01 Mn |
| Dec 31, 2021 | 40.41 Mn |
| Sep 30, 2021 | 36.56 Mn |