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
Download Data| Date | Value |
|---|---|
| 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 |