SolarMax Technology (SMXT) Change in Receivables (2023 - 2026)
SolarMax Technology (SMXT) reported Change in Receivables of -$657382.0 for Q1 2026, down 1594.15% year-over-year from $43997.0 in Q1 2025, and up 23.81% on a QoQ basis from -$862813.0 in Q2 2025.
SolarMax Technology (SMXT) has 4 years of Change in Receivables data on file, last reported at -$657382.0 in Q1 2026.
- Quarterly Change in Receivables fell 1594.15% year-over-year to -$657382.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.7 million (down 553.63% YoY) and the FY2025 annual result came in at $8.7 million, up 3954.24% from the prior year.
- Change in Receivables climbed to -$657382.0 in Q1 2026 per SMXT's latest filing, from -$862813.0 in the prior quarter.
- Across five years, Change in Receivables topped out at $501608.0 in Q2 2024 and bottomed at -$977912.0 in Q1 2023.
- The 4-year median for Change in Receivables is -$114796.0 (2024), against an average of -$254407.2.
- The widest annual swing landed in 2024, when Change in Receivables surged 265.83%; it then sank 1594.15% in 2026.
- Tracing SMXT's Change in Receivables over 4 years: stood at -$797048.0 in 2023, then soared by 72.77% to -$217065.0 in 2024, then tumbled by 297.49% to -$862813.0 in 2025, then grew by 23.81% to -$657382.0 in 2026.
- Per Business Quant, the three latest SMXT Change in Receivables figures stand at -$657382.0 (Q1 2026), -$862813.0 (Q2 2025), and $43997.0 (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 85.76 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | - |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -41.56 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -43.56 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -22.09 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 412,000.00 |
| 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 | -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 |
| Mar 31, 2023 | -977,912.00 |
| Mar 31, 2023 | -977,912.00 |