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

Turbo Energy posted quarterly Change in Account Payables of $2.5 million for Q2 2025, up 11.33% year-on-year from $2.2 million in Q2 2024, and down 20.75% on a QoQ basis from $3.1 million in Q4 2024.

Turbo Energy (TURB) has 4 years of Change in Account Payables data on file, last reported 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.
  • Across five years, Change in Account Payables topped out at $3.1 million in Q4 2024 and bottomed at $2.2 million in Q4 2023.
  • The 4-year median for Change in Account Payables is $2.4 million (2025), against an average of $2.5 million.
  • The widest annual swing landed in 2023, when Change in Account Payables retreated 18.76%; it then soared 41.47% in 2024.
  • A 4-year view of Change in Account Payables shows it stood at $2.7 million in 2022, then declined by 18.76% to $2.2 million in 2023, then soared by 41.47% to $3.1 million in 2024, then dropped 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 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 Turbo Energy 78.23 Mn 77.61 Mn - -

Historic Data

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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