Microvast Holdings (MVST) Payables (2018 - 2026)

Microvast Holdings (MVST) posted quarterly Payables of $98.6 million for Q1 2026, down 5.77% year-over-year from $104.7 million in Q1 2025, and down 21.3% on a QoQ basis from $125.3 million in Q4 2025.

Microvast Holdings (MVST) Payables (2018 - 2026) Analysis & Trends

Microvast Holdings (MVST) has reported Payables for 9 consecutive years, with $98.6 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Payables fell 5.77% year-over-year to $98.6 million; the TTM figure through Mar 2026 stood at $98.6 million (down 5.77% YoY), while the FY2025 annual figure was $125.3 million, down 7.58% from the prior year.
  • Payables came in at $98.6 million for Q1 2026 at Microvast Holdings, down from $125.3 million in the prior quarter.
  • The five-year high for Payables was $148.0 million in Q4 2023, with the low at $62.4 million in Q4 2022.
  • Average Payables over 5 years is $112.4 million, with a median of $116.3 million recorded in 2025.
  • Across the five-year window, Payables jumped 1161730.0% in 2022 and sank 37.65% in 2023, its largest moves.
  • Year by year, Payables stood at $62.4 million in 2022, then jumped by 137.26% to $148.0 million in 2023, then fell by 8.38% to $135.6 million in 2024, then dropped by 7.58% to $125.3 million in 2025, then retreated by 21.3% to $98.6 million in 2026.
  • According to Business Quant data, Payables over the past three periods registered $98.6 million, $125.3 million, and $117.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn 2.98 Bn
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 8.40 Bn
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn 7.35 Bn
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 7.49 Bn
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 2.06 Bn
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 3.31 Bn
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 2.26 Bn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn 391.50 Mn
10 Microvast Holdings 398.83 Mn 224.83 Mn 19.16 Mn 98.63 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 98.63 Mn
Dec 31, 2025 125.32 Mn
Sep 30, 2025 116.99 Mn
Jun 30, 2025 116.32 Mn
Mar 31, 2025 104.67 Mn
Dec 31, 2024 135.61 Mn
Sep 30, 2024 121.90 Mn
Jun 30, 2024 128.28 Mn
Mar 31, 2024 124.11 Mn
Dec 31, 2023 148.01 Mn
Sep 30, 2023 120.11 Mn
Jun 30, 2023 72.44 Mn
Mar 31, 2023 109.05 Mn
Dec 31, 2022 62.38 Mn
Sep 30, 2022 108.78 Mn
Jun 30, 2022 116.18 Mn
Mar 31, 2022 102.68 Mn
Dec 31, 2021 53.71 Mn
Sep 30, 2021 70.92 Mn
Jun 30, 2021 10,000.00