First Solar (FSLR) Change in Account Payables (2014 - 2022)

First Solar (FSLR) posted Change in Account Payables of $14.8 million for Q3 2022, down 41.88% on a QoQ basis from $25.5 million in Q2 2022, and up 26.93% year-over-year from $11.7 million in Q3 2021.

First Solar (FSLR) Change in Account Payables (2014 - 2022) Analysis & Trends

First Solar's Change in Account Payables history runs 9 years deep, the most recent figure standing at $14.8 million for 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 was $14.8 million for Q3 2022 at First Solar, down from $25.5 million in the prior quarter.
  • Across five years, Change in Account Payables topped out at $67.9 million in Q4 2018 and bottomed at -$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 plunged 889.21% — and 2020, when it jumped 7566.33%.
  • First Solar's Change in Account Payables stood at $67.9 million in 2018, then slumped by 99.71% to $196000.0 in 2019, then soared by 7566.33% to $15.0 million in 2020, then soared by 126.54% to $34.0 million in 2021, then slumped by 56.47% to $14.8 million in 2022.
  • Business Quant data shows FSLR's Change in Account Payables at $14.8 million in Q3 2022, $25.5 million in Q2 2022, and -$55.4 million in Q1 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 132.56 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 78.71 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 15.22 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 84.70 Mn

Historic Data

Download Data
DateValue
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