SolarMax Technology (SMXT) Change in Account Payables (2023 - 2026)
SolarMax Technology (SMXT) reported Change in Account Payables of $1.4 million for Q1 2026, up 9.5% year-over-year from $1.3 million in Q1 2025, and down 95.82% on a QoQ basis from $33.6 million in Q4 2025.
SolarMax Technology (SMXT) has 4 years of Change in Account Payables data on file, last reported at $1.4 million in Q1 2026.
- Quarterly Change in Account Payables rose 9.5% year-over-year to $1.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $57.0 million (up 2894.38% YoY) and the FY2025 annual result came in at $56.9 million, up 8019.58% from the prior year.
- Change in Account Payables fell to $1.4 million in Q1 2026 per SMXT's latest filing, from $33.6 million in the prior quarter.
- Across five years, Change in Account Payables topped out at $33.6 million in Q4 2025 and bottomed at -$1.3 million in Q1 2024.
- The 4-year median for Change in Account Payables is $70119.0 (2024), against an average of $4.5 million.
- Peak annual rise in Change in Account Payables reached 42300.94% in 2025, while the deepest fall reached 245.59% in 2025.
- Tracing SMXT's Change in Account Payables over 4 years: stood at -$257065.0 in 2023, then jumped by 69.06% to -$79534.0 in 2024, then soared by 42300.94% to $33.6 million in 2025, then plunged by 95.82% to $1.4 million in 2026.
- Per Business Quant, the three latest SMXT Change in Account Payables figures stand at $1.4 million (Q1 2026), $33.6 million (Q4 2025), and $22.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (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 | 779.20 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 | 132.56 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 78.71 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 15.22 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 | SolarMax Technology | 30.01 Mn | 25.71 Mn | 3.05 Mn | 1.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.40 Mn |
| Mar 31, 2026 | 1.40 Mn |
| Dec 31, 2025 | 33.56 Mn |
| Dec 31, 2025 | 33.56 Mn |
| Sep 30, 2025 | 22.16 Mn |
| Sep 30, 2025 | 22.16 Mn |
| Jun 30, 2025 | -102,089.00 |
| Jun 30, 2025 | -102,089.00 |
| Mar 31, 2025 | 1.28 Mn |
| Mar 31, 2025 | 1.28 Mn |
| Dec 31, 2024 | -79,534.00 |
| Dec 31, 2024 | -79,534.00 |
| Sep 30, 2024 | 632,933.00 |
| Sep 30, 2024 | 632,933.00 |
| Jun 30, 2024 | 70,119.00 |
| Jun 30, 2024 | 70,119.00 |
| Mar 31, 2024 | -1.34 Mn |
| Mar 31, 2024 | -1.34 Mn |
| Dec 31, 2023 | -257,065.00 |
| Dec 31, 2023 | -257,065.00 |
| Sep 30, 2023 | -120,144.00 |
| Sep 30, 2023 | -120,144.00 |
| Jun 30, 2023 | 2.05 Mn |
| Jun 30, 2023 | 2.05 Mn |
| Mar 31, 2023 | -515,739.00 |
| Mar 31, 2023 | -515,739.00 |