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
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