SolarMax Technology (SMXT) Change in Receivables (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Change in Receivables came in at -$657382.0 in Q1 2026, down 1594.15% year-on-year from $43997.0 in Q1 2025, and up 23.81% on a QoQ basis from -$862813.0 in Q2 2025.
SolarMax Technology (SMXT) Change in Receivables (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Change in Receivables data on file, last reported at -$657382.0 in Q1 2026.
- On a quarterly basis, Change in Receivables fell 1594.15% year-over-year to -$657382.0 in Q1 2026; TTM through Mar 2026 was -$1.7 million, a 553.63% decrease from a year earlier, with the FY2025 full-year figure at $8.7 million, up 3954.24% from the prior year.
- Change in Receivables for Q1 2026 stood at -$657382.0, up from -$862813.0 in the prior quarter.
- Over the last five years, Change in Receivables for SMXT reached as high as $501608.0 in Q2 2024 and fell as low as -$977912.0 in Q1 2023.
- Historically, Change in Receivables has averaged -$254407.2 across 4 years, with a median of -$114796.0 in 2024.
- Across the five-year window, Change in Receivables surged 265.83% in 2024 and sank 1594.15% in 2026, its largest moves.
- Year by year, Change in Receivables stood at -$797048.0 in 2023, then surged by 72.77% to -$217065.0 in 2024, then slumped by 297.49% to -$862813.0 in 2025, then climbed by 23.81% to -$657382.0 in 2026.
- Per Business Quant data, the three most recent Change in Receivables figures were -$657382.0 in Q1 2026, -$862813.0 in Q2 2025, and $43997.0 in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 85.76 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -41.56 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 | -43.56 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -22.09 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 412,000.00 |
| 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 | SolarMax Technology | 18.57 Mn | 13.99 Mn | 3.05 Mn | -657,382.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -657,382.00 |
| Mar 31, 2026 | -657,382.00 |
| Jun 30, 2025 | -862,813.00 |
| Jun 30, 2025 | -862,813.00 |
| Mar 31, 2025 | 43,997.00 |
| Mar 31, 2025 | 43,997.00 |
| Dec 31, 2024 | -217,065.00 |
| Dec 31, 2024 | -217,065.00 |
| Sep 30, 2024 | 44,727.00 |
| Sep 30, 2024 | 44,727.00 |
| Jun 30, 2024 | 501,608.00 |
| Jun 30, 2024 | 501,608.00 |
| Mar 31, 2024 | -114,796.00 |
| Mar 31, 2024 | -114,796.00 |
| Dec 31, 2023 | -797,048.00 |
| Dec 31, 2023 | -797,048.00 |
| Sep 30, 2023 | -26,971.00 |
| Sep 30, 2023 | -26,971.00 |
| Jun 30, 2023 | 265,176.00 |
| Jun 30, 2023 | 265,176.00 |