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| 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 |