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| 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 |