Microvast Holdings (MVST) Change in Account Payables (2020 - 2026)
Microvast Holdings (MVST) recorded quarterly Change in Account Payables of -$1.3 million in Q1 2026, down 106.37% quarter-over-quarter from $19.8 million in Q4 2025, and up 85.23% on a YoY basis from -$681298.3 in Q1 2025.
Microvast Holdings (MVST) Change in Account Payables (2020 - 2026) Analysis & Trends
Microvast Holdings' Change in Account Payables history runs 7 years deep, the most recent figure standing at -$1.3 million for Q1 2026.
- In Q1 2026, Change in Account Payables rose 85.23% year-over-year to -$1.3 million; the TTM figure through Mar 2026 stood at $31.3 million (up 260.68% YoY), while the FY2025 annual figure was $24.0 million, up 342.64% from the prior year.
- Change in Account Payables was -$1.3 million for Q1 2026 at Microvast Holdings, down from $19.8 million in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $41.6 million in Q3 2023 to a low of -$31.6 million in Q2 2024.
- Historically, Change in Account Payables has averaged $5.2 million across 5 years, with a median of $1.0 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Change in Account Payables jumped 1751.4% in 2022, then slumped 920.25% in 2025.
- A 5-year view of Change in Account Payables shows it stood at -$12.8 million in 2022, then surged by 218.6% to $15.2 million in 2023, then plunged by 115.95% to -$2.4 million in 2024, then soared by 918.79% to $19.8 million in 2025, then plunged by 106.37% to -$1.3 million in 2026.
- The last three Change in Account Payables figures came in at -$1.3 million (Q1 2026), $19.8 million (Q4 2025), and $13.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 135.53 Mn |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | - |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | -2.90 Mn |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | - |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | - |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 133.00 Mn |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | - |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 154.00 Mn |
| 10 | Microvast Holdings | 417.11 Mn | 243.11 Mn | 19.16 Mn | -1.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.26 Mn |
| Mar 31, 2026 | -1.26 Mn |
| Dec 31, 2025 | 19.82 Mn |
| Dec 31, 2025 | 19.82 Mn |
| Sep 30, 2025 | 13.03 Mn |
| Sep 30, 2025 | 13.03 Mn |
| Jun 30, 2025 | -254,000.00 |
| Jun 30, 2025 | -254,000.00 |
| Mar 31, 2025 | -8.55 Mn |
| Mar 31, 2025 | -8.55 Mn |
| Dec 31, 2024 | -2.42 Mn |
| Dec 31, 2024 | -2.42 Mn |
| Sep 30, 2024 | 23.03 Mn |
| Sep 30, 2024 | 23.03 Mn |
| Jun 30, 2024 | -31.56 Mn |
| Jun 30, 2024 | -31.56 Mn |
| Mar 31, 2024 | 1.04 Mn |
| Mar 31, 2024 | 1.04 Mn |
| Dec 31, 2023 | 15.18 Mn |
| Dec 31, 2023 | 15.18 Mn |