Microvast Holdings (MVST) Accounts Payables (2018 - 2026)
Microvast Holdings (MVST) reported Accounts Payables of $62.64 million for Q2 2026, down 13.6% from $72.5 million a year earlier but up 35.1% from the prior quarter.
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Analysis
Microvast Holdings (MVST) Accounts Payables (2018 - 2026) Analysis & Trends
At the end of FY2025, Microvast Holdings posted Accounts Payables of $47 million, down 27.6% from FY2024.
- Accounts Payables has a five-year compound annual growth rate of -5.0% (FY2020 to FY2025).
- By year, Accounts Payables came in at $64.94 million in FY2024 (-42.3%), $112.62 million in FY2023 (+150.3%), $44.99 million in FY2022 (+11.3%) and $40.41 million in FY2021 (-33.4%).
- Five-year quarterly Accounts Payables spans a low of $32.01 million in Q1 2022 and a high of $112.62 million in Q4 2023.
- Year over year, Accounts Payables has now declined in each of the last eight quarters, with an average decline of 22.8% over the last eight quarters.
- The high point for year-over-year Accounts Payables in five years was Q3 2023 (growth of 164.9%); the low point was Q4 2024 (a decline of 42.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $46.37 million (Q1 2026), $47 million (Q4 2025) and $59.8 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 10.10 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 309.93 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 346.33 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 212.88 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 556.09 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 535.97 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 335.16 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 124.59 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 60.20 Mn |
| 10 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | 62.64 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 | 48.07 Mn |
API Access
Microvast Holdings Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "MVST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();