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

Microvast Holdings (MVSTW) recorded quarterly Change in Account Payables of -$1.3 million in Q1 2026, down 106.37% quarter-over-quarter from $19.8 million in Q4 2025, and up 85.23% on a YoY basis from -$681298.3 in Q1 2025.

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

Microvast Holdings' Change in Account Payables history runs 7 years deep, the most recent figure standing at -$1.3 million for 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 was -$1.3 million for Q1 2026 at Microvast Holdings, down from $19.8 million in the prior quarter.
  • In the past five years, Change in Account Payables ranged from a high of $41.6 million in Q3 2023 to a low of -$31.6 million in Q2 2024.
  • Historically, Change in Account Payables has averaged $5.2 million across 5 years, with a median of $1.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Change in Account Payables jumped 1751.4% in 2022, then slumped 920.25% in 2025.
  • A 5-year view of Change in Account Payables shows it stood at -$12.8 million in 2022, then surged by 218.6% to $15.2 million in 2023, then plunged by 115.95% to -$2.4 million in 2024, then soared by 918.79% to $19.8 million in 2025, then plunged by 106.37% to -$1.3 million in 2026.
  • The last three Change in Account Payables figures came in at -$1.3 million (Q1 2026), $19.8 million (Q4 2025), and $13.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 O Reilly Automotive 75.10 Bn 74.85 Bn 2.35 Bn 135.53 Mn
2 Autozone 51.89 Bn 51.61 Bn 2.24 Bn -
3 Borgwarner 15.04 Bn 15.20 Bn 677.00 Mn -
4 Modine Manufacturing 14.67 Bn 14.58 Bn 186.10 Mn -2.90 Mn
5 Aptiv 14.58 Bn 11.51 Bn 920.00 Mn 133.00 Mn
6 Genuine Parts 13.66 Bn 13.18 Bn 2.34 Bn -
7 Aurora Innovation 11.95 Bn 10.73 Bn -5.00 Mn -
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn -
9 Allison Transmission Holdings 9.76 Bn 9.45 Bn 406.00 Mn 154.00 Mn
10 Microvast Holdings - - 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