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

Microvast Holdings (MVST) posted quarterly Change in Account Payables of -$1.3 million for Q1 2026, up 85.23% year-over-year from -$681298.3 in Q1 2025, and down 106.37% on a QoQ basis from $19.8 million in Q4 2025.

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

Microvast Holdings (MVST) has reported Change in Account Payables for 7 consecutive years, with -$1.3 million the latest figure, recorded in 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 came in at -$1.3 million for Q1 2026 at Microvast Holdings, 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.
  • Across the five-year window, Change in Account Payables jumped 1751.4% in 2022 and tumbled 920.25% in 2025, its largest moves.
  • Year by year, Change in Account Payables stood at -$12.8 million in 2022, then surged by 218.6% to $15.2 million in 2023, then sank by 115.95% to -$2.4 million in 2024, then soared by 918.79% to $19.8 million in 2025, then sank by 106.37% to -$1.3 million in 2026.
  • According to Business Quant data, Change in Account Payables over the past three periods registered -$1.3 million, $19.8 million, and $13.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Payables (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn -199.00 Mn
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn -
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn -
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn -
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn -
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 133.00 Mn
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn -134.00 Mn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn -2.90 Mn
10 Microvast Holdings 398.83 Mn 224.83 Mn 19.16 Mn -1.26 Mn

Historic Data

Download Data
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