Turbo Energy (TURB) Change in Account Payables (2022 - 2025)

Turbo Energy (TURB) reported Change in Account Payables of $2.5 million for Q2 2025, up 11.33% on a YoY basis from $2.2 million in Q2 2024, and down 20.75% quarter-over-quarter from $3.1 million in Q4 2024.

Turbo Energy (TURB) Change in Account Payables (2022 - 2025) Analysis & Trends

Turbo Energy has reported Change in Account Payables for 4 years, with the latest figure at $2.5 million in Q2 2025.

  • For the quarter ending Q2 2025, Change in Account Payables rose 11.33% year-over-year to $2.5 million; the trailing twelve-month figure through Jun 2025 stood at $2.5 million (up 11.33% YoY), and the FY2025 full-year result was $11.0 million, up 1087.01% from the prior year.
  • Change in Account Payables for Q2 2025 stood at $2.5 million, down from $3.1 million in the prior quarter.
  • The five-year high for Change in Account Payables was $3.1 million in Q4 2024, with the low at $2.2 million in Q4 2023.
  • Historically, Change in Account Payables has averaged $2.5 million across 4 years, with a median of $2.4 million in 2025.
  • Annual changes were most pronounced in 2023 — Change in Account Payables retreated 18.76% — and 2024, when it soared 41.47%.
  • Turbo Energy's Change in Account Payables stood at $2.7 million in 2022, then dropped by 18.76% to $2.2 million in 2023, then surged by 41.47% to $3.1 million in 2024, then slipped by 20.75% to $2.5 million in 2025.
  • The last three Change in Account Payables figures came in at $2.5 million (Q2 2025), $3.1 million (Q4 2024), and $2.2 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (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 132.56 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 78.71 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 15.22 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 -15.04 Mn
10 Turbo Energy 99.71 Mn 99.10 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2025 2.46 Mn
Jun 30, 2025 2.46 Mn
Dec 31, 2024 3.11 Mn
Dec 31, 2024 3.11 Mn
Jun 30, 2024 2.21 Mn
Jun 30, 2024 2.21 Mn
Dec 31, 2023 2.20 Mn
Dec 31, 2023 2.20 Mn
Jun 30, 2023 2.43 Mn
Jun 30, 2023 2.43 Mn
Dec 31, 2022 2.71 Mn
Dec 31, 2022 2.71 Mn