Microvast Holdings (MVST) Change in Receivables (2020 - 2026)

Microvast Holdings (MVST) posted quarterly Change in Receivables of -$33.5 million for Q1 2026, down 337.2% year-over-year from $14.1 million in Q1 2025, and down 878.41% on a QoQ basis from $4.3 million in Q4 2025.

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

Microvast Holdings (MVST) has reported Change in Receivables for 7 consecutive years, with -$33.5 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Receivables fell 337.2% year-over-year to -$33.5 million; the TTM figure through Mar 2026 stood at -$20.3 million (down 217.23% YoY), while the FY2025 annual figure was $27.3 million, up 410.08% from the prior year.
  • Change in Receivables came in at -$33.5 million for Q1 2026 at Microvast Holdings, down from $4.3 million in the prior quarter.
  • The five-year high for Change in Receivables was $33.9 million in Q4 2022, with the low at -$33.5 million in Q1 2026.
  • Average Change in Receivables over 5 years is $2.7 million, with a median of $9.4 million recorded in 2024.
  • The largest YoY upside for Change in Receivables was 1447.9% in 2022 against a maximum downside of 804.86% in 2022.
  • Year by year, Change in Receivables stood at $33.9 million in 2022, then tumbled by 38.5% to $20.8 million in 2023, then tumbled by 55.07% to $9.4 million in 2024, then slumped by 54.1% to $4.3 million in 2025, then tumbled by 878.41% to -$33.5 million in 2026.
  • According to Business Quant data, Change in Receivables over the past three periods registered -$33.5 million, $4.3 million, and $22.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Receivables (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn -92.00 Mn
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 66.27 Mn
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 321.00 Mn
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 175.00 Mn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn 8.20 Mn
10 Microvast Holdings 398.83 Mn 224.83 Mn 19.16 Mn -33.46 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -33.46 Mn
Mar 31, 2026 -33.46 Mn
Dec 31, 2025 4.30 Mn
Dec 31, 2025 4.30 Mn
Sep 30, 2025 22.45 Mn
Sep 30, 2025 22.45 Mn
Jun 30, 2025 -13.60 Mn
Jun 30, 2025 -13.60 Mn
Mar 31, 2025 14.11 Mn
Mar 31, 2025 14.11 Mn
Dec 31, 2024 9.37 Mn
Dec 31, 2024 9.37 Mn
Sep 30, 2024 11.47 Mn
Sep 30, 2024 11.47 Mn
Jun 30, 2024 -17.61 Mn
Jun 30, 2024 -17.61 Mn
Mar 31, 2024 -12.01 Mn
Mar 31, 2024 -12.01 Mn
Dec 31, 2023 20.85 Mn
Dec 31, 2023 20.85 Mn