VinFast Auto (VFS) Payables (2023 - 2025)

VinFast Auto (VFS) posted Payables of $2.4 billion for Q4 2025, up 28.09% on a QoQ basis from $1.8 billion in Q4 2024, and up 28.09% year-over-year from $1.8 billion in Q4 2024.

VinFast Auto (VFS) has 3 years of Payables data on file, last reported at $2.4 billion in Q4 2025.

  • In Q4 2025, Payables rose 28.09% year-over-year to $2.4 billion; the TTM figure through Dec 2025 stood at $2.4 billion (up 28.09% YoY), while the FY2025 annual figure was $2.4 billion, up 28.09% from the prior year.
  • Payables advanced to $2.4 billion in Q4 2025, from $1.8 billion in the prior quarter.
  • Across five years, Payables topped out at $2.4 billion in Q4 2025 and bottomed at $1.5 billion in Q4 2023.
  • A 3-year average of $1.9 billion and a median of $1.8 billion in 2024 frame the typical range for Payables.
  • Annual changes were most pronounced in 2024 — Payables advanced 24.67% — and 2025, when it increased 28.09%.
  • Year by year, Payables stood at $1.5 billion in 2023, then advanced by 24.67% to $1.8 billion in 2024, then increased by 28.09% to $2.4 billion in 2025.
  • The last three Payables figures came in at $2.4 billion (Q4 2025), $1.8 billion (Q4 2024), and $1.5 billion (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Tesla 1,345.47 Bn 1,300.79 Bn 4.72 Bn 14.70 Bn
2 General Motors 75.49 Bn 53.10 Bn 4.32 Bn 27.91 Bn
3 Ferrari 72.44 Bn 70.64 Bn - 979.26 Mn
4 Ford Motor 66.63 Bn 36.17 Bn 7.94 Bn 26.04 Bn
5 Stellantis 29.57 Bn -7.31 Bn 5.19 Bn 39.69 Bn
6 Rivian Automotive 21.06 Bn 16.25 Bn 119.00 Mn 754.00 Mn
7 China Yuchai International 16.90 Bn 15.88 Bn 317.01 Mn 2.33 Bn
8 VinFast Auto 8.12 Bn 11.12 Bn - 2.37 Bn
9 Xpeng 4.61 Bn 1.71 Bn - 3.14 Bn
10 Li Auto 4.13 Bn -4.66 Bn 733.67 Mn 898.02 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 2.37 Bn
Dec 31, 2024 1.85 Bn
Dec 31, 2023 1.48 Bn