Growth Metrics

Microvast Holdings (MVST) Change in Account Payables (2020 - 2026)

Microvast Holdings' quarterly Change in Account Payables came in at -$1.3 million in Q1 2026, up 85.23% year-on-year from -$681298.3 in Q1 2025, and down 106.37% quarter-over-quarter from $19.8 million in Q4 2025.

Microvast Holdings has reported Change in Account Payables for 7 years, with the latest figure at -$1.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Account Payables rose 85.23% year-over-year to -$1.3 million; the trailing twelve-month figure through Mar 2026 stood at $31.3 million (up 260.68% YoY), and the FY2025 full-year result was $24.0 million, up 342.64% from the prior year.
  • Change in Account Payables for Q1 2026 stood at -$1.3 million, down from $19.8 million in the prior quarter.
  • The five-year high for Change in Account Payables was $41.6 million in Q3 2023, with the low at -$31.6 million in Q2 2024.
  • Average Change in Account Payables over 5 years is $5.2 million, with a median of $1.0 million recorded in 2024.
  • Year-over-year, Change in Account Payables soared 1751.4% in 2022 and slumped 920.25% in 2025.
  • Tracing MVST's Change in Account Payables over 5 years: stood at -$12.8 million in 2022, then soared by 218.6% to $15.2 million in 2023, then tumbled by 115.95% to -$2.4 million in 2024, then jumped by 918.79% to $19.8 million in 2025, then tumbled 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 77.46 Bn 77.21 Bn 2.35 Bn 135.53 Mn
2 Autozone 56.88 Bn 56.59 Bn 2.24 Bn -
3 Genuine Parts 13.45 Bn 12.97 Bn 2.34 Bn -
4 Modine Manufacturing 13.16 Bn 13.07 Bn 186.10 Mn -2.90 Mn
5 Borgwarner 13.07 Bn 13.23 Bn 677.00 Mn -
6 Aptiv 11.89 Bn 8.82 Bn 920.00 Mn 133.00 Mn
7 Magna International 10.79 Bn 9.60 Bn 1.42 Bn -
8 Allison Transmission Holdings 9.02 Bn 8.71 Bn 406.00 Mn 154.00 Mn
9 Autoliv 9.01 Bn 8.66 Bn 526.00 Mn -134.00 Mn
10 Microvast Holdings 458.66 Mn 284.66 Mn 19.16 Mn -1.26 Mn

Historic Data

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DateValue
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
Sep 30, 2023 41.63 Mn
Sep 30, 2023 41.63 Mn
Jun 30, 2023 12.71 Mn
Jun 30, 2023 12.71 Mn
Mar 31, 2023 -936,000.00
Mar 31, 2023 -936,000.00
Dec 31, 2022 -12.80 Mn
Dec 31, 2022 -12.80 Mn
Sep 30, 2022 19.13 Mn
Sep 30, 2022 19.13 Mn
Jun 30, 2022 9.41 Mn
Jun 30, 2022 9.41 Mn
Mar 31, 2022 -8.61 Mn
Mar 31, 2022 -8.61 Mn
Dec 31, 2021 30.10 Mn
Dec 31, 2021 30.10 Mn
Sep 30, 2021 -1.96 Mn
Sep 30, 2021 -1.96 Mn
Jun 30, 2021 -570,000.00
Jun 30, 2021 -570,000.00
Mar 31, 2021 -3.42 Mn
Mar 31, 2021 -3.42 Mn
Dec 31, 2020 902,000.00
Dec 31, 2020 902,000.00
Mar 31, 2020 303,677.00
Mar 31, 2020 303,677.00