First Solar (FSLR) Change in Account Payables (2014 - 2022)
First Solar's (FSLR) quarterly Change in Account Payables came in at $14.8 million in Q3 2022, up 26.93% YoY from $11.7 million in Q3 2021, and down 41.88% on a QoQ basis from $25.5 million in Q2 2022.
First Solar (FSLR) Change in Account Payables (2014 - 2022) Analysis & Trends
First Solar (FSLR) has 9 years of Change in Account Payables data on file, last reported at $14.8 million in Q3 2022.
- Quarterly Change in Account Payables rose 26.93% year-over-year to $14.8 million in Q3 2022, while the trailing twelve-month figure through Sep 2022 was $19.0 million (up 19.35% YoY) and the FY2021 annual result came in at $34.9 million, up 180.67% from the prior year.
- Change in Account Payables slipped to $14.8 million in Q3 2022, from $25.5 million in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $67.9 million in Q4 2018 to a low of -$55.4 million in Q1 2022.
- A 5-year average of $3.8 million and a median of $6.0 million in 2018 frame the typical range for Change in Account Payables.
- Annual changes were most pronounced in 2019 — Change in Account Payables sank 889.21% — and 2020, when it jumped 7566.33%.
- Tracing FSLR's Change in Account Payables over 5 years: stood at $67.9 million in 2018, then plunged by 99.71% to $196000.0 in 2019, then jumped by 7566.33% to $15.0 million in 2020, then jumped by 126.54% to $34.0 million in 2021, then plunged by 56.47% to $14.8 million in 2022.
- The last three Change in Account Payables figures came in at $14.8 million (Q3 2022), $25.5 million (Q2 2022), and -$55.4 million (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | - |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | - |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -9.42 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 55.70 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | -14.36 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | - |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | 84.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 14.82 Mn |
| Sep 30, 2022 | 14.82 Mn |
| Jun 30, 2022 | 25.50 Mn |
| Jun 30, 2022 | 25.50 Mn |
| Mar 31, 2022 | -55.37 Mn |
| Mar 31, 2022 | -55.37 Mn |
| Dec 31, 2021 | 34.04 Mn |
| Dec 31, 2021 | 34.04 Mn |
| Sep 30, 2021 | 11.67 Mn |
| Sep 30, 2021 | 11.67 Mn |
| Jun 30, 2021 | -18.65 Mn |
| Jun 30, 2021 | -18.65 Mn |
| Mar 31, 2021 | 7.85 Mn |
| Mar 31, 2021 | 7.85 Mn |
| Dec 31, 2020 | 15.03 Mn |
| Dec 31, 2020 | 15.03 Mn |
| Sep 30, 2020 | -14.79 Mn |
| Sep 30, 2020 | -14.79 Mn |
| Jun 30, 2020 | -5.36 Mn |
| Jun 30, 2020 | -5.36 Mn |