First Solar (FSLR) Change in Account Payables (2009 - 2022)
First Solar (FSLR) reported Change in Account Payables of $14.8 million for Q3 2022, up 26.93% on a YoY basis from $11.7 million in Q3 2021, and down 41.88% quarter-over-quarter from $25.5 million in Q2 2022.
First Solar (FSLR) Change in Account Payables (2009 - 2022) Analysis & Trends
First Solar has reported Change in Account Payables for 14 years, with the latest figure at $14.8 million in Q3 2022.
- For the quarter ending Q3 2022, Change in Account Payables rose 26.93% year-over-year to $14.8 million; the trailing twelve-month figure through Sep 2022 stood at $19.0 million (up 19.35% YoY), and the FY2021 full-year result was $34.9 million, up 180.67% from the prior year.
- Change in Account Payables for Q3 2022 stood at $14.8 million, down from $25.5 million in the prior quarter.
- The five-year high for Change in Account Payables was $67.9 million in Q4 2018, with the low at -$55.4 million in Q1 2022.
- Historically, Change in Account Payables has averaged $3.8 million across 5 years, with a median of $6.0 million in 2018.
- Annual changes were most pronounced in 2019 — Change in Account Payables sank 889.21% — and 2020, when it jumped 7566.33%.
- First Solar's Change in Account Payables 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | - |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | - |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 132.56 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 78.71 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 15.22 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | - |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -15.04 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 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 |