Growth Metrics

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

Microvast Holdings' quarterly Change in Receivables came in at -$33.5 million in Q1 2026, down 337.2% year-on-year from $14.1 million in Q1 2025, and down 878.41% quarter-over-quarter from $4.3 million in Q4 2025.

Microvast Holdings has reported Change in Receivables for 7 years, with the latest figure at -$33.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Receivables fell 337.2% year-over-year to -$33.5 million; the trailing twelve-month figure through Mar 2026 stood at -$20.3 million (down 217.23% YoY), and the FY2025 full-year result was $27.3 million, up 410.08% from the prior year.
  • Change in Receivables for Q1 2026 stood at -$33.5 million, 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.
  • Peak annual rise in Change in Receivables reached 1447.9% in 2022, while the deepest fall reached 804.86% in 2022.
  • Tracing MVST's Change in Receivables over 5 years: stood at $33.9 million in 2022, then sank by 38.5% to $20.8 million in 2023, then sank by 55.07% to $9.4 million in 2024, then plunged by 54.1% to $4.3 million in 2025, then sank by 878.41% to -$33.5 million in 2026.
  • The last three Change in Receivables figures came in at -$33.5 million (Q1 2026), $4.3 million (Q4 2025), and $22.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 O Reilly Automotive 77.46 Bn 77.21 Bn 2.35 Bn 45.72 Mn
2 Autozone 56.88 Bn 56.59 Bn 2.24 Bn 57.04 Mn
3 Genuine Parts 13.45 Bn 12.97 Bn 2.34 Bn -
4 Modine Manufacturing 13.16 Bn 13.07 Bn 186.10 Mn 8.20 Mn
5 Borgwarner 13.07 Bn 13.23 Bn 677.00 Mn -
6 Aptiv 11.89 Bn 8.82 Bn 920.00 Mn 321.00 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 213.00 Mn
9 Autoliv 9.01 Bn 8.66 Bn 526.00 Mn 175.00 Mn
10 Microvast Holdings 458.66 Mn 284.66 Mn 19.16 Mn -33.46 Mn

Historic Data

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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
Sep 30, 2023 11.16 Mn
Sep 30, 2023 11.16 Mn
Jun 30, 2023 22.04 Mn
Jun 30, 2023 22.04 Mn
Mar 31, 2023 -32.29 Mn
Mar 31, 2023 -32.29 Mn
Dec 31, 2022 33.90 Mn
Dec 31, 2022 33.90 Mn
Sep 30, 2022 -16.83 Mn
Sep 30, 2022 -16.83 Mn
Jun 30, 2022 30.60 Mn
Jun 30, 2022 30.60 Mn
Mar 31, 2022 -8.75 Mn
Mar 31, 2022 -8.75 Mn
Dec 31, 2021 21.27 Mn
Dec 31, 2021 21.27 Mn
Sep 30, 2021 2.39 Mn
Sep 30, 2021 2.39 Mn
Jun 30, 2021 1.98 Mn
Jun 30, 2021 1.98 Mn
Mar 31, 2021 -13.79 Mn
Mar 31, 2021 -13.79 Mn
Dec 31, 2020 15.38 Mn
Dec 31, 2020 15.38 Mn