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| Date | Value |
|---|---|
| Dec 31, 2025 | 2.37 Bn |
| Dec 31, 2024 | 1.85 Bn |
| Dec 31, 2023 | 1.48 Bn |