Commercial Vehicle Group Accounts Payables 2011-2026 | CVGI

Accounts payable — are the obligations of an organization to other legal entities or individuals that arise in cases when the company has acquired goods or services on deferred payment terms, has not paid taxes and fees, has wage arrears to employees, or has received loans and other liabilities. Accounts payable arise when an organization has already received some benefit but has not yet paid for it.

Main types of accounts payable

Type of liability	Example
To suppliers and contractors	Goods received but not yet paid for
Taxes and fees	VAT, income tax, etc., not paid on time
Salaries	Employee wages not paid
To budgets	Insurance contributions to funds not paid
To founders	Founders provided borrowed funds
To banks	Overdue loan payments
Other	Fines, penalties, forfeits, customer prepayments, etc.

Impact on the company's financial performance

Liquidity and solvency
Accounts payable are part of short-term liabilities, so they affect liquidity ratios
Financial stability
The higher the share of borrowed funds (including accounts payable), the lower the company's level of independence
Capital turnover
Moderate accounts payable can positively affect working capital by allowing the company to use “free” financing from suppliers (payment deferrals)
Risks and reputation
Large and especially overdue accounts payable may indicate financial difficulties. This can deter investors, partners, and lenders, and at a critical level of debt and lack of resources to repay it, bankruptcy proceedings may be initiated

Annual Accounts Payables Commercial Vehicle Group

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
77.3 M	122 M	102 M	112 M	63.1 M	86.6 M	86.6 M	60.6 M	66.7 M	70.8 M	68.3 M	58.1 M	74.2 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
122 M	58.1 M	80.7 M

Quarterly Accounts Payables Commercial Vehicle Group

2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
67 M	79.9 M	85.6 M	77 M	93 M	101 M	90.4 M	75.2 M	105 M	106 M	119 M	122 M	121 M	-	129 M	102 M	139 M	142 M	135 M	112 M	112 M	112 M	112 M	63.1 M	63.1 M	63.1 M	63.1 M	86.6 M	86.6 M	86.6 M	86.6 M	86.6 M	86.6 M	86.6 M	86.6 M	60.6 M	60.6 M	60.6 M	60.6 M	66.7 M	66.7 M	66.7 M	66.7 M	70.8 M	70.8 M	70.8 M	70.8 M	68.3 M	68.3 M	68.3 M	68.3 M	58.1 M	58.1 M	58.1 M	58.1 M	74.2 M	74.2 M	74.2 M	74.2 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
142 M	58.1 M	84.1 M

Accounts Payables of other stocks in the Auto parts industry

Issuer	Accounts Payables	Price	% 24h	Market Cap	Country
Aptiv PLC APTV	3.16 B	$ 72.46	-1.27 %	$ 15.6 B	Britain
Cooper-Standard Holdings CPS	337 M	$ 33.58	-5.7 %	$ 600 M	USA
China XD Plastics Company Limited CXDC	69.6 M	-	-	$ 169 K	China
Gentex Corporation GNTX	249 M	$ 22.49	-1.66 %	$ 4.9 B	USA
The Goodyear Tire & Rubber Company GT	3.88 B	$ 7.78	-2.75 %	$ 2.24 B	USA
Allison Transmission Holdings ALSN	190 M	$ 122.01	-3.88 %	$ 10.2 B	USA
Autoliv ALV	2.01 B	$ 110.45	-1.5 %	$ 8.46 B	Schweden
Dana Incorporated DAN	1.52 B	$ 33.88	-0.96 %	$ 4.92 B	USA
Horizon Global Corporation HZN	102 M	-	-	$ 48.8 M	USA
BorgWarner BWA	1.49 B	$ 52.54	-0.47 %	$ 11.3 B	USA
Kandi Technologies Group KNDI	28.7 M	$ 0.94	-4.8 %	$ 74.1 M	China
Adient plc ADNT	2.55 B	$ 22.01	-0.68 %	$ 1.83 B	Irlanda
Magna International MGA	7.19 B	$ 60.53	-2.32 %	$ 17.4 B	Canada
Miller Industries MLR	78.5 M	$ 48.31	7.4 %	$ 553 M	USA
Modine Manufacturing Company MOD	291 M	$ 204.18	-2.74 %	$ 10.7 B	USA
Lear Corporation LEA	3.42 B	$ 121.47	-0.43 %	$ 6.46 B	USA
Dorman Products DORM	185 M	$ 112.09	-3.5 %	$ 3.42 B	USA
Foresight Autonomous Holdings Ltd. FRSX	721	$ 2.81	3.79 %	$ 1.31 B	Israel
QuantumScape Corporation QS	11.8 M	-	-	$ 5.51 B	USA
LKQ Corporation LKQ	2.11 B	$ 31.57	-1.56 %	$ 8.13 B	USA
Douglas Dynamics PLOW	38.7 M	$ 44.8	-2.8 %	$ 1.03 B	USA
Monro MNRO	323 M	$ 18.84	-4.68 %	$ 564 M	USA
Motorcar Parts of America MPAA	142 M	$ 10.37	0.1 %	$ 204 M	USA
Meritor MTOR	423 M	-	-0.03 %	$ 2.58 B	USA
American Axle & Manufacturing Holdings AXL	718 M	-	-	$ 1.05 B	USA
Stoneridge SRI	83.5 M	$ 7.54	-2.71 %	$ 208 M	USA
Westport Fuel Systems WPRT	57.3 M	$ 2.04	-1.33 %	$ 35.2 M	Canada
Strattec Security Corporation STRT	65.8 M	$ 82.05	-3.74 %	$ 331 M	USA
Sypris Solutions SYPR	26.7 M	$ 3.58	-5.79 %	$ 78.3 M	USA
Tenneco TEN	2.96 B	$ 34.76	-3.38 %	$ 2.86 B	USA
Gentherm Incorporated THRM	260 M	$ 30.42	-1.04 %	$ 930 M	USA
Standard Motor Products SMP	169 M	$ 37.83	-2.01 %	$ 832 M	USA
Superior Industries International SUP	120 M	-	6.14 %	$ 9.18 K	USA
Visteon Corporation VC	540 M	$ 90.75	-1.77 %	$ 2.47 B	USA
Unique Fabricating UFAB	10.1 M	-	-	$ 1.75 M	USA
VOXX International Corporation VOXX	35.1 M	-	-	$ 176 M	USA
XPEL XPEL	26.3 M	$ 42.17	-4.21 %	$ 1.17 B	USA