Microvast Holdings (MVST) Payables (2018 - 2026)
Microvast Holdings (MVST) posted Payables of $169.27 million for Q3 2026, up 17.4% from $144.19 million a year earlier and up 1.5% from the prior quarter.
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Analysis
Microvast Holdings (MVST) Payables (2018 - 2026) Analysis & Trends
At the end of FY2025, Microvast Holdings' Payables came in at $140.06 million, up 3.3% from FY2024.
- Annual Payables shows a five-year compound annual growth rate of 7.8% (FY2020 to FY2025).
- In prior years, Microvast Holdings' Payables was $135.61 million in FY2024 (-22.9%), $175.99 million in FY2023 (+55.2%), $113.43 million in FY2022 (+11.9%) and $101.36 million in FY2021 (+5.1%).
- The Q3 2026 figure stands as the highest quarterly Payables since Q4 2023.
- On a year-over-year basis, Payables has increased in each of the last six quarters, with growth averaging 4.2% over the last eight quarters.
- The strongest year-over-year quarter for Payables in the past five years was Q4 2023, with growth of 55.2%; the weakest was Q4 2024, with a decline of 22.9%.
- According to Business Quant data, Payables for the three prior quarters was $166.84 million (Q2 2026), $157.57 million (Q1 2026) and $140.06 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 10.79 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 493.03 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 338.20 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 643.66 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 281.64 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 682.57 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 546.30 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 394.49 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 67.50 Mn |
| 10 | Microvast Holdings | 84.60 Mn | -359.15 Mn | 2.40 Mn | 169.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 169.27 Mn |
| Jun 30, 2026 | 166.84 Mn |
| Mar 31, 2026 | 157.57 Mn |
| Dec 31, 2025 | 140.06 Mn |
| Sep 30, 2025 | 144.19 Mn |
| Jun 30, 2025 | 155.66 Mn |
| Mar 31, 2025 | 143.01 Mn |
| Dec 31, 2024 | 135.61 Mn |
| Sep 30, 2024 | 131.77 Mn |
| Jun 30, 2024 | 139.93 Mn |
| Mar 31, 2024 | 146.43 Mn |
| Dec 31, 2023 | 175.99 Mn |
| Sep 30, 2023 | 134.62 Mn |
| Jun 30, 2023 | 104.43 Mn |
| Mar 31, 2023 | 109.05 Mn |
| Dec 31, 2022 | 113.43 Mn |
| Sep 30, 2022 | 108.78 Mn |
| Jun 30, 2022 | 116.18 Mn |
| Mar 31, 2022 | 102.68 Mn |
| Dec 31, 2021 | 101.36 Mn |
API Access
Microvast Holdings Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "MVST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();