Microvast Holdings (MVSTW) Payables (2018 - 2026)
Microvast Holdings (MVSTW) 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 (MVSTW) Payables (2018 - 2026) Analysis & Trends
Microvast Holdings (MVSTW) 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 | - | - | 19.16 Mn | 98.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |