Maxeon Solar Technologies (MAXNQ) Other Working Capital Changes (2020 - 2024)

Maxeon Solar Technologies (MAXNQ) reported Other Working Capital Changes of -$2.9 million for Q4 2024, down 131.22% on a YoY basis from $9.3 million in Q1 2024, and down 207.48% quarter-over-quarter from -$949000.0 in Q3 2024.

Maxeon Solar Technologies (MAXNQ) Other Working Capital Changes (2020 - 2024) Analysis & Trends

Maxeon Solar Technologies has reported Other Working Capital Changes for 5 years, with the latest figure at -$2.9 million in Q4 2024.

  • For the quarter ending Q4 2024, Other Working Capital Changes fell 131.22% year-over-year to -$2.9 million; the trailing twelve-month figure through Dec 2024 stood at -$7.2 million (down 73.03% YoY), and the FY2024 full-year result was -$7.2 million, down 73.03% from the prior year.
  • Other Working Capital Changes for Q4 2024 stood at -$2.9 million, down from -$949000.0 in the prior quarter.
  • The five-year high for Other Working Capital Changes was $69000.0 in Q1 2020, with the low at -$11.8 million in Q1 2023.
  • Historically, Other Working Capital Changes has averaged -$1.6 million across 5 years, with a median of -$793000.0 in 2024.
  • Annual changes were most pronounced in 2021 — Other Working Capital Changes sank 1152.17% — and 2023, when it jumped 89.27%.
  • Maxeon Solar Technologies' Other Working Capital Changes stood at -$403000.0 in 2020, then sank by 77.67% to -$716000.0 in 2021, then gained by 11.87% to -$631000.0 in 2022, then sank by 100.0% to -$1.3 million in 2023, then sank by 131.22% to -$2.9 million in 2024.
  • The last three Other Working Capital Changes figures came in at -$2.9 million (Q4 2024), -$949000.0 (Q3 2024), and -$2.6 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 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
10 Maxeon Solar Technologies - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -2.92 Mn
Dec 31, 2024 -2.92 Mn
Sep 29, 2024 -949,000.00
Sep 29, 2024 -949,000.00
Jun 30, 2024 -2.57 Mn
Jun 30, 2024 -2.57 Mn
Mar 31, 2024 -793,000.00
Mar 31, 2024 -793,000.00
Dec 31, 2023 -1.26 Mn
Dec 31, 2023 -1.26 Mn
Oct 1, 2023 -989,000.00
Oct 1, 2023 -989,000.00
Jul 2, 2023 -1.41 Mn
Jul 2, 2023 -1.41 Mn
Apr 2, 2023 -520,000.00
Apr 2, 2023 -520,000.00
Jan 1, 2023 -11.76 Mn
Jan 1, 2023 -11.76 Mn
Apr 3, 2022 -631,000.00
Apr 3, 2022 -631,000.00