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% quarter-over-quarter 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.
- Work In Process for Q3 2021 came in at $21.8 million, down 3.29% year-over-year; the trailing twelve-month figure through Sep 2021 was $21.8 million (down 3.29% YoY), and the FY2020 annual result was $25.5 million, up 22.69% from the prior year.
- Work In Process fell to $21.8 million in Q3 2021 per SEDG's latest filing, from $28.7 million in the prior quarter.
- Over five years, Work In Process peaked at $28.7 million in Q2 2021 and troughed at $1.9 million in Q3 2018.
- A 4-year average of $21.0 million and a median of $21.8 million in 2021 frame the typical range for Work In Process.
- The sharpest annual moves came in 2019 and 2020: Work In Process jumped 1091.81% in 2019, then declined 11.92% in 2020.
- A 4-year view of Work In Process shows it stood at $18.1 million in 2018, then rose by 14.56% to $20.8 million in 2019, then increased by 22.69% to $25.5 million in 2020, then decreased by 14.4% to $21.8 million in 2021.
- Business Quant data shows SEDG's Work In Process at $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 | 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 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |