Microvast Holdings (MVSTW) Payables (2018 - 2026)

Microvast Holdings (MVSTW) recorded quarterly Payables of $98.6 million in Q1 2026, down 21.3% quarter-over-quarter from $125.3 million in Q4 2025, and down 5.77% on a YoY basis from $104.7 million in Q1 2025.

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

Microvast Holdings' Payables history runs 9 years deep, the most recent figure standing at $98.6 million for 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 was $98.6 million for Q1 2026 at Microvast Holdings, down from $125.3 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $148.0 million in Q4 2023 to a low of $62.4 million in Q4 2022.
  • Historically, Payables has averaged $112.4 million across 5 years, with a median of $116.3 million in 2025.
  • The sharpest annual moves came in 2022 and 2023: Payables jumped 1161730.0% in 2022, then plunged 37.65% in 2023.
  • A 5-year view of Payables shows it stood at $62.4 million in 2022, then jumped by 137.26% to $148.0 million in 2023, then slipped by 8.38% to $135.6 million in 2024, then retreated by 7.58% to $125.3 million in 2025, then dropped by 21.3% to $98.6 million in 2026.
  • The last three Payables figures came in at $98.6 million (Q1 2026), $125.3 million (Q4 2025), and $117.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 O Reilly Automotive 75.10 Bn 74.85 Bn 2.35 Bn 7.24 Bn
2 Autozone 51.89 Bn 51.61 Bn 2.24 Bn 8.30 Bn
3 Borgwarner 15.04 Bn 15.20 Bn 677.00 Mn 2.06 Bn
4 Modine Manufacturing 14.67 Bn 14.58 Bn 186.10 Mn 391.50 Mn
5 Aptiv 14.58 Bn 11.51 Bn 920.00 Mn 3.31 Bn
6 Genuine Parts 13.66 Bn 13.18 Bn 2.34 Bn 7.49 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 7.35 Bn
9 Allison Transmission Holdings 9.76 Bn 9.45 Bn 406.00 Mn 728.00 Mn
10 Microvast Holdings - - 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