Microvast Holdings (MVSTW) Change in Receivables (2020 - 2026)
Microvast Holdings (MVSTW) recorded quarterly Change in Receivables of -$33.5 million in Q1 2026, down 878.41% quarter-over-quarter from $4.3 million in Q4 2025, and down 337.2% on a YoY basis from $14.1 million in Q1 2025.
Microvast Holdings (MVSTW) Change in Receivables (2020 - 2026) Analysis & Trends
Microvast Holdings' Change in Receivables history runs 7 years deep, the most recent figure standing at -$33.5 million for 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 was -$33.5 million for Q1 2026 at Microvast Holdings, down from $4.3 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $33.9 million in Q4 2022 to a low of -$33.5 million in Q1 2026.
- Historically, Change in Receivables has averaged $2.7 million across 5 years, with a median of $9.4 million in 2024.
- Biggest YoY gain for Change in Receivables was 1447.9% in 2022; the steepest drop was 804.86% in 2022.
- A 5-year view of Change in Receivables shows it stood at $33.9 million in 2022, then slumped by 38.5% to $20.8 million in 2023, then slumped by 55.07% to $9.4 million in 2024, then sank by 54.1% to $4.3 million in 2025, then slumped 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 | 75.10 Bn | 74.85 Bn | 2.35 Bn | 45.72 Mn |
| 2 | Autozone | 51.89 Bn | 51.61 Bn | 2.24 Bn | 57.04 Mn |
| 3 | Borgwarner | 15.04 Bn | 15.20 Bn | 677.00 Mn | - |
| 4 | Modine Manufacturing | 14.67 Bn | 14.58 Bn | 186.10 Mn | 8.20 Mn |
| 5 | Aptiv | 14.58 Bn | 11.51 Bn | 920.00 Mn | 321.00 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 | 213.00 Mn |
| 10 | Microvast Holdings | - | - | 19.16 Mn | -33.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |