Growth Metrics

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

Solaredge Technologies (SEDG) reported Work In Process of $21.8 million for Q3 2021, down 3.29% year-over-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) has 4 years of Work In Process data on file, last reported at $21.8 million in Q3 2021.

  • Quarterly Work In Process fell 3.29% year-over-year to $21.8 million in Q3 2021, while the trailing twelve-month figure through Sep 2021 was $21.8 million (down 3.29% YoY) and the FY2020 annual result came in at $25.5 million, up 22.69% from the prior year.
  • Work In Process retreated to $21.8 million in Q3 2021 per SEDG's latest filing, from $28.7 million in the prior quarter.
  • Across five years, Work In Process topped out at $28.7 million in Q2 2021 and bottomed at $1.9 million in Q3 2018.
  • The 4-year median for Work In Process is $21.8 million (2021), against an average of $21.0 million.
  • The widest annual swing landed in 2019, when Work In Process surged 1091.81%; it then slipped 11.92% in 2020.
  • Tracing SEDG's Work In Process over 4 years: stood at $18.1 million in 2018, then grew by 14.56% to $20.8 million in 2019, then climbed by 22.69% to $25.5 million in 2020, then fell by 14.4% to $21.8 million in 2021.
  • Per Business Quant, the three latest SEDG Work In Process figures stand at $21.8 million (Q3 2021), $28.7 million (Q2 2021), and $26.7 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

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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