Solaredge Technologies (SEDG) Work In Process (2018 - 2021)

Solaredge Technologies' (SEDG) quarterly Work In Process came in at $21.8 million in Q3 2021, down 3.29% year-on-year from $22.5 million in Q3 2020, and down 24.15% on a QoQ basis from $28.7 million in Q2 2021.

Solaredge Technologies (SEDG) Work In Process (2018 - 2021) Analysis & Trends

Solaredge Technologies (SEDG) has 4 years of Work In Process data on file, last reported at $21.8 million in Q3 2021.

  • On a quarterly basis, Work In Process fell 3.29% year-over-year to $21.8 million in Q3 2021; TTM through Sep 2021 was $21.8 million, a 3.29% decrease from a year earlier, with the FY2020 full-year figure at $25.5 million, up 22.69% from the prior year.
  • Work In Process for Q3 2021 stood at $21.8 million, down from $28.7 million in the prior quarter.
  • Over the last five years, Work In Process for SEDG reached as high as $28.7 million in Q2 2021 and fell as low as $1.9 million in Q3 2018.
  • Historically, Work In Process has averaged $21.0 million across 4 years, with a median of $21.8 million in 2021.
  • Across the five-year window, Work In Process surged 1091.81% in 2019 and slipped 11.92% in 2020, its largest moves.
  • Year by year, Work In Process stood at $18.1 million in 2018, then climbed by 14.56% to $20.8 million in 2019, then advanced by 22.69% to $25.5 million in 2020, then declined by 14.4% to $21.8 million in 2021.
  • Per Business Quant data, the three most recent Work In Process figures were $21.8 million in Q3 2021, $28.7 million in Q2 2021, and $26.7 million in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn

Historic Data

Download Data
DateValue
Sep 30, 2021 21.80 Mn
Jun 30, 2021 28.73 Mn
Mar 31, 2021 26.69 Mn
Dec 31, 2020 25.46 Mn
Sep 30, 2020 22.54 Mn
Jun 30, 2020 20.84 Mn
Mar 31, 2020 18.79 Mn
Dec 31, 2019 20.75 Mn
Sep 30, 2019 22.55 Mn
Jun 30, 2019 23.00 Mn
Mar 31, 2019 21.33 Mn
Dec 31, 2018 18.12 Mn
Sep 30, 2018 1.89 Mn