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
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