Solaredge Technologies (SEDG) Finished Goods (2015 - 2021)
Solaredge Technologies (SEDG) reported Finished Goods of $121.1 million for Q3 2021, down 23.46% year-over-year from $158.2 million in Q3 2020, and down 22.59% on a QoQ basis from $156.4 million in Q2 2021.
Solaredge Technologies (SEDG) has 7 years of Finished Goods data on file, last reported at $121.1 million in Q3 2021.
- Quarterly Finished Goods fell 23.46% year-over-year to $121.1 million in Q3 2021, while the trailing twelve-month figure through Sep 2021 was $121.1 million (down 23.46% YoY) and the FY2020 annual result came in at $177.9 million, up 108.45% from the prior year.
- Finished Goods declined to $121.1 million in Q3 2021 per SEDG's latest filing, from $156.4 million in the prior quarter.
- Across five years, Finished Goods topped out at $177.9 million in Q4 2020 and bottomed at $42.6 million in Q2 2017.
- The 5-year median for Finished Goods is $74.3 million (2019), against an average of $93.4 million.
- The widest annual swing landed in 2017, when Finished Goods sank 40.58%; it then jumped 242.03% in 2020.
- Tracing SEDG's Finished Goods over 5 years: stood at $57.1 million in 2017, then jumped by 47.14% to $84.0 million in 2018, then gained by 1.56% to $85.3 million in 2019, then jumped by 108.45% to $177.9 million in 2020, then sank by 31.94% to $121.1 million in 2021.
- Per Business Quant, the three latest SEDG Finished Goods figures stand at $121.1 million (Q3 2021), $156.4 million (Q2 2021), and $170.4 million (Q1 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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, 2021 | 121.06 Mn |
| Jun 30, 2021 | 156.39 Mn |
| Mar 31, 2021 | 170.44 Mn |
| Dec 31, 2020 | 177.87 Mn |
| Sep 30, 2020 | 158.15 Mn |
| Jun 30, 2020 | 142.54 Mn |
| Mar 31, 2020 | 94.82 Mn |
| Dec 31, 2019 | 85.33 Mn |
| Sep 30, 2019 | 46.24 Mn |
| Jun 30, 2019 | 62.88 Mn |
| Mar 31, 2019 | 74.33 Mn |
| Dec 31, 2018 | 84.02 Mn |
| Sep 30, 2018 | 71.33 Mn |
| Jun 30, 2018 | 73.17 Mn |
| Mar 31, 2018 | 66.02 Mn |
| Dec 31, 2017 | 57.11 Mn |
| Sep 30, 2017 | 43.88 Mn |
| Jun 30, 2017 | 42.63 Mn |
| Mar 31, 2017 | 47.28 Mn |
| Dec 31, 2016 | 57.31 Mn |
| Sep 30, 2016 | 56.23 Mn |
| Jun 30, 2016 | 71.75 Mn |
| Dec 31, 2015 | 74.19 Mn |
| Sep 30, 2015 | 63.04 Mn |
| Jun 30, 2015 | 59.55 Mn |