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| Date | Value |
|---|---|
| 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 |