Growth Metrics

First Solar (FSLR) Receivables Refunds (2018 - 2020)

First Solar posted quarterly Receivables Refunds of $4.1 million for Q3 2020, up 0.71% year-on-year from $4.1 million in Q4 2019, and little changed on a QoQ basis from $4.1 million in Q2 2020.

First Solar (FSLR) has 3 years of Receivables Refunds data on file, last reported at $4.1 million in Q3 2020.

  • For the quarter ending Q3 2020, Receivables Refunds rose 0.71% year-over-year to $4.1 million; the trailing twelve-month figure through Sep 2020 stood at $4.1 million (up 0.71% YoY), and the FY2019 full-year result was $4.1 million, down 7.61% from the prior year.
  • Receivables Refunds for Q3 2020 stood at $4.1 million, roughly flat from $4.1 million in the prior quarter.
  • Across five years, Receivables Refunds topped out at $4.4 million in Q4 2018 and bottomed at $4.1 million in Q3 2019.
  • The 3-year median for Receivables Refunds is $4.1 million (2020), against an average of $4.2 million.
  • The widest annual swing landed in 2019, when Receivables Refunds retreated 7.61%; it then increased 0.71% in 2020.
  • A 3-year view of Receivables Refunds shows it stood at $4.4 million in 2018, then declined by 7.61% to $4.1 million in 2019, then grew by 0.63% to $4.1 million in 2020.
  • The last three Receivables Refunds figures came in at $4.1 million (Q3 2020), $4.1 million (Q2 2020), and $4.1 million (Q1 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Refund Receivables (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn -
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 252.25 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

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DateValue
Sep 30, 2020 4.13 Mn
Jun 30, 2020 4.12 Mn
Mar 31, 2020 4.11 Mn
Dec 31, 2019 4.11 Mn
Sep 30, 2019 4.10 Mn
Jun 30, 2019 4.44 Mn
Mar 31, 2019 4.44 Mn
Dec 31, 2018 4.44 Mn